Morning interbank fixing in London closed with gold price decline
Date: 16:42, 03-10-2016.
Almaty. October 3. Silkroadnews – Gold Ounces’ price made $1318.65 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it declined by 3,85.
The cost of gold ounce in euro made 1173.994 (-5,941), and in British pound – 1023.404 (+4,947).
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.
