Morning interbank fixing in London closed with gold price decrease
Almaty. July 20. Silkroadnews – Gold Ounces’ price made $1236.55 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 5.6.
The cost of gold ounce in euro made 1075.06 (-3.13), and in British pound – 953.63 (-0.84).
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.