Morning interbank fixing in London closed with gold price increase
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Beijing. January 17. Silkroadnews - Gold Ounces’ price made $1337.35 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it increased by 3.5.
The cost of gold ounce in euro made 1092.48 (+0.32), and in British pound – 969.45 (-0.13).
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.