Morning interbank fixing in London closed with gold price decrease
Date: 15:26, 25-08-2017.
Almaty. August 25. Silkroadnews – Gold Ounces’ price made $1287.05 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it decreased by 1.95.
The cost of gold ounce in euro made 1090.9 (-1.14), and in British pound – 1003.9 (-1.78).
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.
