Morning interbank fixing in London closed with gold price decrease
Date: 14:47, 18-10-2017.
Almaty. October 18. Silkroadnews – Gold Ounces’ price made $1280.65 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 4.1.
The cost of gold ounce in euro made 1090.47 (-4.01), and in British pound – 972.53 (-2.85).
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.
