Morning interbank fixing in London closed with gold price significant increase
Almaty. May 26. Silkroadnews – Gold Ounces’ price made $1265 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it increased by 8.05.
The cost of gold ounce in euro made 1127.87, and in British pound – 983.41.
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.