Interbank fixing in London closed with gold price decrease
Date: 06:40, 28-05-2018.
Beijing. May 28. Silkroadnews - Gold Ounces’ price made $1303.5 as a result of the evening interbank fixing in London.
Regarding Friday morning fixing in dollar terms it decreased by 0.45.
The cost of gold ounce in euro made 1118.27 (+4.57), and in British pound – 978.41 (+1.88).
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.
