Morning interbank fixing in London closed with gold price decrease
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Beijing. February 7. Silkroadnews - Gold Ounces’ price made $1328.5 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 2.9.
The cost of gold ounce in euro made 1075.95 (-3.68), and in British pound – 956.12 (-3.55).
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.