Morning interbank fixing in London closed with gold price decrease
Almaty. April 10. Silkroadnews – Gold Ounces’ price made $1253.6 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it decreased by 12.85.
The cost of gold ounce in euro made 1184.4 (-7.2), and in British pound – 1011.15 (-11).
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.