Morning interbank fixing in London closed with gold price rise

Date: 15:20, 02-11-2016.

Almaty. November 2. Silkroadnews – Gold Ounces’ price made $1295.85 as a result of the morning interbank fixing in London.

Regarding Tuesday evening fixing in dollar terms it increased by 7.4.  

The cost of gold ounce in euro made 1169.764 (+2.428), and in British pound – 1056.507 (+2.813).

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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