Morning interbank fixing in London resulted in gold price decline
Date: 17:16, 13-07-2016.
Almaty. July 13. Silkroadnews – Gold Ounces’ price made $1340.25 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by $2.15.
The cost of gold ounce in euro made 1211.452 (+1.144), and in British pound 1009.744 (-9.943).
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.
