Morning interbank fixing in London closed with gold price decrease
Date: 15:54, 19-05-2017.
Almaty. May 19. Silkroadnews – Gold Ounces’ price made $1251.85 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it decreased by 4.05.
The cost of gold ounce in euro made 1122.03 (-8.28), and in British pound – 962.17 (-2.24).
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.
