Morning interbank fixing in London closed with gold price increase
Date: 16:14, 16-02-2017.
Almaty. February 16. Silkroadnews – Gold Ounces’ price made $1236.75 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 12.35.
The cost of gold ounce in euro made 1163.29 (+4.03), and in British pound – 988.41 (+2.4).
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.
