Morning interbank fixing in London closed with gold price increase
Date: 06:30, 31-05-2018.
Beijing. May 31. Silkroadnews - Gold Ounces’ price made $1300.7 as a result of the morning interbank fixing in London.
Regarding Wednesday morning fixing in dollar terms it increased by 2.1.
The cost of gold ounce in euro made 1119.77 (+0.51), and in British pound – 978.26 (-1.01).
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.
