Morning interbank fixing in London closed with gold price decrease
Date: 16:05, 04-07-2017.
Almaty. July 4. Silkroadnews – Gold Ounces’ price made $1224.25 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 5.
The cost of gold ounce in euro made 1078.81 (-3.05), and in British pound – 947.32 (-2.52).
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.
