Summarizing the results of the morning interbank fixing in London the gold price grew
Date: 15:14, 16-05-2016.
Almaty. May 16. Silkroadnews – Gold Ounces’ price made $1281 as a result of the morning interbank fixing in London.
Regarding the Friday evening fixing in dollar terms it rose by 15.1.
The cost of gold ounce in euro made 1132.041 (+11.523), and in British pound 892.868 (+11.272).
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.
