Morning interbank fixing in London closed with gold price increase

Date: 16:17, 22-02-2017.

Almaty. February 22. Silkroadnews – Gold Ounces’ price made $1237.5 as a result of the morning interbank fixing in London.

Regarding Tuesday evening fixing in dollar terms it increased by 4.3.    

The cost of gold ounce in euro made 1178.22 (+7.91), and in British pound – 994.21 (+2.59).

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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