Morning interbank fixing in London closed with gold price increase

Date: 16:13, 28-12-2016.

Almaty. December 28. Silkroadnews – Gold Ounces’ price made $1139.75 as a result of the morning interbank fixing in London.

Regarding Tuesday evening fixing in dollar terms it increased by 8.75.    

The cost of gold ounce in euro made 1091.88 (+9.63), and in British pound – 931.29 (+9.3).

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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