Morning interbank fixing in London closed with gold price decrease
Date: 14:50, 20-02-2018.
Beijing. February 20. Silkroadnews - Gold Ounces’ price made $1337.4 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 9.2.
The cost of gold ounce in euro made 1083.83 (-4.22), and in British pound – 955.97 (-7.93).
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.
