Morning interbank fixing in London resulted in gold price decrease
Date: 15:56, 01-09-2016.
Almaty. September 1. Silkroadnews – Gold Ounces’ price made $1305.7 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 3.55.
The cost of gold ounce in euro made 1172.127 (-2.794), and in British pound – 985.804 (-13.547).
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.
