Morning interbank fixing in London closed with gold price decline

Date: 17:01, 20-12-2016.

Almaty. December 20. Silkroadnews – Gold Ounces’ price made $1132.75 as a result of the morning interbank fixing in London.

Regarding Monday evening fixing in dollar terms it declined by 3.5.  
The cost of gold ounce in euro made 1090.84 (+1.63), and in British pound – 915.94 (-2.04).

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.

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