Morning interbank fixing in London closed with gold price decrease
Date: 15:58, 01-03-2017.
Almaty. March 1. Silkroadnews – Gold Ounces’ price made $1246.05 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 9.55.
The cost of gold ounce in euro made 1182.5 (-1.66), and in British pound – 1007.18 (-2.32).
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.
