Morning interbank fixing in London closed with gold price increase
Almaty. January 23. Silkroadnews – Gold Ounces’ price made $1213.75 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 13.2.
The cost of gold ounce in euro made 1130.12 (+3.88), and in British pound – 974.03 (-1.66).
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.