Morning interbank fixing in London closed with gold price decrease
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Almaty. December 12. Silkroadnews - Gold Ounces’ price made $1243.4 a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 3.75.
The cost of gold ounce in euro made 1056.27 (-1.06), and in British pound – 933.92 (+0.18).
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.