Morning interbank fixing in London closed with gold price decline
Date: 15:07, 21-10-2016.
Almaty. October 21. Silkroadnews – Gold Ounces’ price made $1263.95 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it declined by 7.7.
The cost of gold ounce in euro made 1160.685 (-0.331), and in British pound – 1033.785 (-6.043).
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.
