Morning interbank fixing in London closed with gold price decrease
Date: 14:46, 16-08-2017.
Almaty. August 16. Silkroadnews – Gold Ounces’ price made $1270.15 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 0.15.
The cost of gold ounce in euro made 1082.29 (-3.05), and in British pound – 985.13 (-2.78).
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.
