Morning interbank fixing in London closed with significant gold price decrease
Date: 15:00, 08-02-2018.
Beijing. February 8. Silkroadnews - Gold Ounces’ price made $1311.05 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 13.6.
The cost of gold ounce in euro made 1071.13 (-2.23), and in British pound – 944.87 (-5.57).
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.
Photo source: cyprus-mail.com
