Morning interbank fixing in London closed with gold price decrease
Almaty. September 5. Silkroadnews – Gold Ounces’ price made $1331.15 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 1.95.
The cost of gold ounce in euro made 1120.43 (+0.76), and in British pound – 1029.51 (+0.49).
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.