Gold price decreased after morning interbank fixing in London

Date: 11:02, 16-05-2014.

Almaty. May 16. KazTAG – Troy ounce price amounted to $1293.75 after the interbank fixing in London this morning.

Oz price decreased by $5.25 against the evening fixing on Thursday.

In other currencies, the price amounted to 943.173 (-6.805) EUR, or 769.723 (-4.413) GBP.

Interbank fixings are held every day at 10.30 and 15.00 GMT. The fixing results are used as the reference point for gold futures trading around the world. Five financial institutions participate.

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