Morning interbank fixing in London closed with gold price significant decrease
Date: 16:34, 04-05-2017.
Almaty. May 4. Silkroadnews – Gold Ounces’ price made $1235.85 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 14.45.
The cost of gold ounce in euro made 1131.05 (-15.23), and in British pound – 958.15 (-9.83).
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.
