Morning interbank fixing in London closed with significant gold price decrease
Date: 15:00, 29-01-2018.
Beijing. January 29. Silkroadnews - Gold Ounces’ price made $1348.4 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it decreased by 4.75.
The cost of gold ounce in euro made 1085,46 (-2,34), and in British pound –955,07 (+2,59).
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
