Morning interbank fixing in London closed with gold price decrease
Date: 14:33, 20-10-2017.
Almaty. October 20. Silkroadnews – Gold Ounces’ price made $1280.25 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it decreased by 6.15.
The cost of gold ounce in euro made 1084.76 (-1.22), and in British pound – 974.27 (-1.08).
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.
