Morning interbank fixing in London closed with gold price decrease
Date: 06:27, 17-05-2018.
Beijing. May 17. Silkroadnews - Gold Ounces’ price made $1291.25 as a result of the evening interbank fixing in London.
Regarding Wednesday morning fixing in dollar terms it decreased by 0.5.
The cost of gold ounce in euro made 1094.72 (+1.12), and in British pound – 956.69 (-1.92).
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.
