Morning interbank fixing in London closed with gold price decrease

Date: 16:04, 01-02-2017.

Almaty. February 1. Silkroadnews – Gold Ounces’ price made $1210 as a result of the morning interbank fixing in London.

Regarding Tuesday evening fixing in dollar terms it decreased by 2.8.    

The cost of gold ounce in euro made 1122.03 (-1.14), and in British pound – 960.01 (-6.96).

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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