Morning interbank fixing in London closed with gold price increase on Friday
Beijing. April 9. Silkroadnews - Gold Ounces’ price made $1331.2 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 5.6.
The cost of gold ounce in euro made 1085.33 (+2.58), and in British pound – 945.95 (-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.