Morning interbank fixing in London closed with gold price decline
Date: 15:03, 07-12-2016.
Almaty. December 7. Silkroadnews – Gold Ounces’ price made $1171.25 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 1.25.
The cost of gold ounce in euro made 1029.19 (-0.23), and in British pound – 929.62 (+8.27).
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.
