Morning interbank fixing in London closed with gold price significant decrease
Date: 15:35, 02-05-2017.
Almaty. May 2. Silkroadnews – Gold Ounces’ price made $1255.8 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it decreased by 10.65.
The cost of gold ounce in euro made 1150.19 (-9.62), and in British pound – 974.25 (-5.48).
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.
