Morning interbank fixing in London resulted in gold price decrease
Date: 15:48, 08-09-2016.
Almaty. September 8. Silkroadnews –Gold Ounces’ price made $1348 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it declined by 0.35.
The cost of gold ounce in euro made 1195.811 (-2.602), and in British pound – 1009.113 (+0.952).
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.
