At the end of the morning interbank fixing in London the gold price decreased
Almaty. April 26. Silkroadnews – Gold Ounces’ price made $1234.5 at the end of the morning interbank fixing in London.
Regarding the Monday evening fixing in dollar terms it decreased by 4.4.
The cost of gold ounce in euro made 1093.457 (-6.834), and in British pound 847.277 (-8.38).
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.