Morning interbank fixing in London closed with gold price increase
Date: 14:57, 02-03-2018.
Beijing. March 2. Silkroadnews - Gold Ounces’ price made $1316.75 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it increased by 9.
The cost of gold ounce in euro made 1071.04 (-4.06), and in British pound – 955.7 (+3.53).
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.
