Morning interbank fixing in London closed with gold price increase

Date: 16:38, 12-01-2017.

Almaty. January 12. Silkroadnews – Gold Ounces’ price made $1206.65 as a result of the morning interbank fixing in London.

Regarding Wednesday evening fixing in dollar terms it increased by 28.1.    

The cost of gold ounce in euro made 1135.82 (+10.42), and in British pound – 984.39 (+10.32).

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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