Morning interbank fixing in London resulted in gold price decrease
Date: 16:45, 09-06-2016.
Almaty. June 9. Silkroadnews – Gold Ounces’ price made $1258.35 as a result of the morning interbank fixing in London.
Regarding the Wednesday evening fixing in dollar terms it decreased by 4.65.
The cost of gold ounce in euro made 1107.977 (+0.327), and in British pound 870.527 (+3.604).
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.
