Morning interbank fixing in London resulted in gold price decrease
Date: 16:41, 21-06-2016.
Almaty. June 21. Silkroadnews – Gold Ounces’ price made $1280.8 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 1.
The cost of gold ounce in euro made 1129.666 (+0.016), and in British pound 866.717 (-7.727).
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.
