Morning interbank fixing in London closed with gold price increase
Date: 17:06, 17-11-2016.
Almaty. November 17. Silkroadnews – Gold Ounces’ price made $1232 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 2.8.
The cost of gold ounce in euro made 1148.1 (-0.1), and in British pound – 988.19 (+0.28).
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.
