Morning interbank fixing in London resulted in gold price growth
Almaty. June 23. Silkroadnews – Gold Ounces’ price made $1265.75 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 0.9.
The cost of gold ounce in euro made 1112.215 (-4.648), and in British pound 850.964 (-6.098).
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.