Morning interbank fixing in London closed with gold price increase
Date: 16:10, 14-02-2017.
Almaty. February 14. Silkroadnews – Gold Ounces’ price made $1229.65 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it increased by 7.4.
The cost of gold ounce in euro made 1157.84 (+4.89), and in British pound – 986.67 (+8.38).
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.
