Morning interbank fixing in London closed with gold price decline
Date: 16:23, 11-11-2016.
Almaty. November 11. Silkroadnews – Gold Ounces’ price made $1255.65 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it declined by 11.85.
The cost of gold ounce in euro made 1154.445 (-11.655), and in British pound – 991.964 (-23.684).
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.
