Morning interbank fixing in London closed with gold price decrease
Date: 15:00, 01-03-2018.
Beijing. March 1. Silkroadnews - Gold Ounces’ price made $1311.25 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 6.6.
The cost of gold ounce in euro made 1075.75 (-3.57), and in British pound – 953.8 (-0.46).
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.
