Morning interbank fixing in London closed with gold price decline
Date: 15:56, 27-10-2016.
Almaty. October 27. Silkroadnews – Gold Ounces’ price made $1269.3 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it declined by 1.2.
The cost of gold ounce in euro made 1162.933 (+0.171), and in British pound – 1038.287 (-0.982).
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.
