Morning interbank fixing in London closed with gold price increase
Almaty. January 3. Silkroadnews - Gold Ounces’ price made $1314.6 a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it increased by 2.55.
The cost of gold ounce in euro made 1092.96 (+2.91), and in British pound – 968.2 (-0.09).
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.