Morning interbank fixing in London closed with gold price growth
Date: 06:32, 04-05-2018.
Beijing. May 4. Silkroadnews - Gold Ounces’ price made $1315.05 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it increased by 1.75.
The cost of gold ounce in euro made 1098.59 (+3.95), and in British pound – 968.01 (+1.82).
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.
