Morning interbank fixing in London closed with gold price decline
Almaty. December 9. Silkroadnews – Gold Ounces’ price made $1168.9 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it decreased by 2.15.
The cost of gold ounce in euro made 1100.75 (-0.97), and in British pound – 927.64 (-1.82).
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.