Morning interbank fixing in London closed with gold price decline
Date: 16:33, 14-10-2016.
Almaty. October 14. Silkroadnews – Gold Ounces’ price made $1256,15 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it declined by 4.9.
The cost of gold ounce in euro made 1140.082 (-2.808), and in British pound – 1028.787 (-5.274).
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.
