Morning interbank fixing in London closed with gold price increase
Date: 06:32, 22-05-2018.
Beijing. May 22. Silkroadnews - Gold Ounces’ price made $1288.35 as a result of the evening interbank fixing in London.
Regarding Monday morning fixing in dollar terms it grew by 2.5.
The cost of gold ounce in euro made 1095.1 (-0.57), and in British pound – 959.43 (+0.19).
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.
