Morning interbank fixing in London closed with gold price decline
Date: 17:28, 16-11-2016.
Almaty. November 16. Silkroadnews – Gold Ounces’ price made $1225.7 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it declined by 1.25.
The cost of gold ounce in euro made 1144.68 (+0.55), and in British pound – 984.36 (-5.79).
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.
