Morning interbank fixing in London closed with gold price decrease
Date: 15:11, 27-02-2018.
Beijing. February 27. Silkroadnews - Gold Ounces’ price made $1332.75 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 0.75.
The cost of gold ounce in euro made 1081.26 (-2.48), and in British pound – 954.78 (-0.14).
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.
Photo source: cyprus-mail.com
