Morning interbank fixing in London closed with gold price decrease
Date: 14:48, 27-03-2018.
Beijing. March 27. Silkroadnews - Gold Ounces’ price made $1350.65 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 1.75.
The cost of gold ounce in euro made 1087.41 (+0.22), and in British pound – 954.64 (+2.82).
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.
