Morning interbank fixing in London closed with gold price increase
Date: 15:23, 16-03-2017.
Almaty. March 16. Silkroadnews – Gold Ounces’ price made $1225.6 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 26.8.
The cost of gold ounce in euro made 1143.24 (+15.17), and in British pound – 998.74 (+16.32).
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.
