Morning interbank fixing in London resulted in gold price decrease
Date: 17:13, 22-06-2016.
Almaty. June 22. Silkroadnews – Gold Ounces’ price made $1265 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 7.6.
The cost of gold ounce in euro made 1122.308 (-8.779), and in British pound 862.983 (-4.548).
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.
