Morning interbank fixing in London closed with gold price decline
Date: 16:24, 04-10-2016.
Almaty. October 4. Silkroadnews – Gold Ounces’ price made $1309.15 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it declined by 4.15.
The cost of gold ounce in euro made 1172.213 (+1.537), and in British pound – 1026.897 (+3,836).
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.
