Morning interbank fixing in London closed with gold price decrease
Date: 15:23, 11-05-2017.
Almaty. May 11. Silkroadnews – Gold Ounces’ price made $1221 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 1.95.
The cost of gold ounce in euro made 1122.95 (-2.04), and in British pound – 945.66 (+0.08).
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.
