Morning interbank fixing in London closed with gold price decrease
Date: 07:39, 14-05-2018.
Beijing. May14. Silkroadnews - Gold Ounces’ price made $1324.35 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it decreased by 0.45.
The cost of gold ounce in euro made 1106.76 (-3.69), and in British pound – 976.05 (-2.18).
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.
