Morning interbank fixing in London closed with gold price increase
Date: 15:08, 12-02-2018.
Beijing. February 12. Silkroadnews - Gold Ounces’ price made $1321.7 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 7.6.
The cost of gold ounce in euro made 1077.45 (+5.28), and in British pound – 955.19 (+3.65).
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.
