Morning interbank fixing in London closed with gold price decrease
Date: 06:28, 15-05-2018.
Beijing. May 15. Silkroadnews - Gold Ounces’ price made $1319.85 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 0.85.
The cost of gold ounce in euro made 1101.28 (-0.58), and in British pound – 970.88 (-1.42).
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.
