Morning interbank fixing in London resulted in gold price increase
Almaty. August 10. Silkroadnews – Gold Ounces’ price made $1351.85 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it grew by 10.85.
The cost of gold ounce in euro made 1209.230 (+1.928), and in British pound – 1035.112 (+1.067).
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.