Morning interbank fixing in London closed with gold price decline

Date: 15:09, 15-12-2016.

Almaty. December 15. Silkroadnews – Gold Ounces’ price made $1132.45 as a result of the morning interbank fixing in London.

Regarding Wednesday evening fixing in dollar terms it declined by 29.8.    

The cost of gold ounce in euro made 1080.7 (-11.12), and in British pound – 904.37 (-10.67).

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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