Morning interbank fixing in London closed with gold price decline
Date: 14:42, 29-09-2016.
Almaty. September 29. Silkroadnews – Gold Ounces’ price made $1320.85 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it declined by 1.65.
The cost of gold ounce in euro made 1177.142 (-2.793), and in British pound – 1016.922 (+0.448).
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.
