Morning interbank fixing in London resulted in gold price decrease
Date: 17:13, 03-06-2016.
Almaty. June 3. Silkroadnews – Gold Ounces’ price made $1211 as a result of the morning interbank fixing in London.
Regarding the Thursday evening fixing in dollar terms it declined by 1.4.
The cost of gold ounce in euro made 1086.630 (+0.805), and in British pound 839.344 (-0.122).
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.
