Morning interbank fixing in London closed with gold price significant increase
Date: 16:18, 31-05-2017.
Almaty. May 31. Silkroadnews – Gold Ounces’ price made $1263.8 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it increased by 1.1.
The cost of gold ounce in euro made 1129.96 (+2.37), and in British pound – 987.79 (+6.8).
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.
