Morning interbank fixing in London closed with gold price decline
Date: 16:23, 14-11-2016.
Almaty. November 14. Silkroadnews – Gold Ounces’ price made $1222.6 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it declined by 13.85.
The cost of gold ounce in euro made 1136.53 (-0.633), and in British pound – 978.08 (-1.312).
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.
