Morning interbank fixing in London closed with gold price decrease
Almaty. March 3. Silkroadnews – Gold Ounces’ price made $1228.75 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it decreased by 9.35.
The cost of gold ounce in euro made 1168.05 (-10), and in British pound – 1005.12 (-4.18).
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.