Morning interbank fixing in London closed with gold price decline
Date: 17:30, 08-12-2016.
Almaty. December 8. Silkroadnews – Gold Ounces’ price made $1174.75 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 2.9.
The cost of gold ounce in euro made 1088.64 (-7.75), and in British pound – 925.47 (-9.94).
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.
