The morning interbank fixing in London results are the gold price decrease
Date: 15:52, 23-05-2016.
Almaty. May 23. Silkroadnews – Gold Ounces’ price made $1250.4 as a result of the morning interbank fixing in London.
Regarding the Friday evening fixing in dollar terms it declined by 3.8.
The cost of gold ounce in euro made 1115.84 (-1.91), and in British pound 860.886 (-1.871).
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.
