Morning interbank fixing in London closed with gold price decrease
Date: 15:04, 12-03-2018.
Beijing. March 12. Silkroadnews - Gold Ounces’ price made $1317.25 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it decreased by 3.35.
The cost of gold ounce in euro made 1069.87 (-2.59), and in British pound – 950.66 (-2.15).
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.
