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Morning interbank fixing in London closed with gold price increase

12.10.2017 Almaty. October 12. Silkroadnews – Gold Ounces’ price made $1294.45 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 5.2.    
The cost of gold ounce in euro made 1092.26 (+4.65), and in British pound – 977.96 (+1.61).
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.