Morning interbank fixing in London closed with gold price decline

Date: 15:10, 09-12-2016.

Almaty. December 9. Silkroadnews – Gold Ounces’ price made $1168.9 as a result of the morning interbank fixing in London.

Regarding Thursday evening fixing in dollar terms it decreased by 2.15.    

The cost of gold ounce in euro made 1100.75 (-0.97), and in British pound – 927.64 (-1.82).

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.

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