At the end of the morning interbank fixing in London the gold price declined
Date: 17:14, 22-02-2016.
Almaty. February 22. Silkroadnews - Gold Ounces’ price was $1203.65 at the end of the morning interbank fixing in London.
Regarding the Friday evening fixing in dollar terms it declined by 27.5.
The cost of gold ounce in euros made 1088.168 (-20.403) and in British pounds 849.206 (-13.558).
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.
