Morning interbank fixing in London resulted in gold price increase
Date: 15:28, 05-09-2016.
Almaty. September 5. Silkroadnews – Gold Ounces’ price made $1328.3 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it grew by 3.6.
The cost of gold ounce in euro made 1189.493 (+7.198), and in British pound – 996.225 (+2.965).
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.
