Morning interbank fixing in London closed with gold price decrease

Date: 15:45, 25-01-2017.

Almaty. January 25. Silkroadnews – Gold Ounces’ price made $1203.5 as a result of the morning interbank fixing in London.

Regarding Tuesday evening fixing in dollar terms it decreased by 13.3.  

The cost of gold ounce in euro made 1119.62 (-10.42), and in British pound – 956.9 (-17.15).

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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