Morning interbank fixing in London closed with gold price decrease
Date: 16:50, 07-03-2017.
Almaty. March 7. Silkroadnews – Gold Ounces’ price made $1223.7 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 7.25.
The cost of gold ounce in euro made 1157.62 (-3.54), and in British pound – 1003.56 (-0.53).
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.
