Morning interbank fixing in London resulted in gold price increase
Date: 16:42, 14-06-2016.
Almaty. June 14. Silkroadnews – Gold Ounces’ price made $1279.4 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it decreased by 1.4.
The cost of gold ounce in euro made 1140.841 (+4.643), and in British pound 904.792 (+8.872).
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.
