Morning interbank fixing in London resulted in gold price increase
Date: 18:13, 08-06-2016.
Almaty. June 8. Silkroadnews – Gold Ounces’ price made $1252.4 as a result of the morning interbank fixing in London.
Regarding the Tuesday evening fixing in dollar terms it increased by 11.4.
The cost of gold ounce in euro made 1101.611 (+9.035), and in British pound 861.522 (+10.077).
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.
