Morning interbank fixing in London closed with gold price decline
Date: 15:36, 06-10-2016.
Almaty. October 6. Silkroadnews – Gold Ounces’ price made $1265.5 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it declined by 9.3.
The cost of gold ounce in euro made 1131.23 (-2.598), and in British pound – 994.303 (-2.43).
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.
