Morning interbank fixing in London closed with gold price increase

Date: 16:57, 04-11-2016.

Almaty. November 4. Silkroadnews – Gold Ounces’ price made $1301.7 as a result of the morning interbank fixing in London.

Regarding Thursday evening fixing in dollar terms it raised by 0.7.  

The cost of gold ounce in euro made 1172.571 (-1.191), and in British pound – 1042.792 (-2.692).

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.

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