Morning interbank fixing in London resulted in gold price decrease
Date: 15:10, 08-07-2016.
Almaty. July 8. Silkroadnews – Gold Ounces’ price made $1356.1 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it decreased by $0.6.
The cost of gold ounce in euro made 1224.830 (+1.22), and in British pound 1047.452 (+2.115).
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.
