Morning interbank fixing in London resulted in gold price decrease
Date: 17:12, 30-06-2016.
Almaty. June 30. Silkroadnews – Gold Ounces’ price made $1317 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it declined by 4.5.
The cost of gold ounce in euro made 1183.588 (-3.912), and in British pound 976.819 (-0.034).
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.
