Morning interbank fixing in London closed with gold price decrease
Date: 06:54, 20-06-2018.
Beijing. June 20. Silkroadnews - Gold Ounces’ price made $1276.15 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 2.85.
The cost of gold ounce in euro made 1104.12 (-4.77), and in British pound – 969.24 (-1.9).
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.
