Morning interbank fixing in London closed with gold price decrease
Date: 14:59, 25-10-2017.
Almaty. October 25. Silkroadnews – Gold Ounces’ price made $1273 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 3.45.
The cost of gold ounce in euro made 1081.67 (-3.95), and in British pound – 964.81 (-5.67).
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.
