Morning interbank fixing in London resulted in gold price decrease
Date: 15:10, 09-09-2016.
Almaty. September 9. Silkroadnews –Gold Ounces’ price made $1335.65 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it declined by 7.75.
The cost of gold ounce in euro made 1184.855 (-5.263), and in British pound – 1004.676 (-4.889).
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.
