Morning interbank fixing in London closed with gold price decline
Almaty. September 28. Silkroadnews – Gold Ounces’ price made $1324.8 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it declined by 2.2.
The cost of gold ounce in euro made 1181.059 (-2.36), and in British pound – 1020.096 (-1.694).
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.