At the end of the morning interbank fixing in London the gold price decreased
Almaty. April 25. Silkroadnews – Gold Ounces’ price made $1230.85 at the end of the morning interbank fixing in London.
Regarding the Friday evening fixing in dollar terms it decreased by 12.4.
The cost of gold ounce in euro made 1094.075 (-11.281), and in British pound 853.792 (-8.762).
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.