Morning interbank fixing in London resulted in gold price decrease
Date: 15:47, 20-06-2016.
Almaty. June 20. Silkroadnews – Gold Ounces’ price made $1283.25 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it decreased by 7.45.
The cost of gold ounce in euro made 1132.083 (-13.026), and in British pound 877.486 (-26.52).
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.
