Morning interbank fixing in London closed with gold price decline
Date: 15:47, 05-10-2016.
Almaty. October 5. Silkroadnews – Gold Ounces’ price made $1274 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it declined by 9.3.
The cost of gold ounce in euro made 1134.37 (-16.365), and in British pound – 1001.109 (-4.998).
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.
