At the end of the morning interbank fixing in London the gold price decreased
Almaty. April 6. Silkroadnews - Gold Ounces’ price was $1225.75 at the end of the morning interbank fixing in London.
Regarding the Tuesday evening fixing in dollar terms it decreased by 5.5.
The cost of gold ounce in euros made 1079.764 (-5.797) and in British pounds 868.382 (-3.316).
The interbank gold fixing is carried out every trading day at 10.30 and 15.00 GMT. The fixing results are used as a guide to trade the gold futures around the world. 5 financial institutes physically participating in delivery of gold determine the price.