Morning interbank fixing in London closed with gold price increase
Almaty. September 25. Silkroadnews – Gold Ounces’ price made $1295,5 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 0.7.
The cost of gold ounce in euro made 1089.26 (+7.71), and in British pound – 957.89 (-0.91).
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.