Morning interbank fixing in London closed with gold price rise
Date: 15:41, 01-11-2016.
Almaty. November 1. Silkroadnews – Gold Ounces’ price made $1284.4 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it increased by 12.4.
The cost of gold ounce in euro made 1167.52 (+4.912), and in British pound – 1048.584 (+2.237).
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.
