Morning interbank fixing in London closed with gold price increase
Date: 14:40, 05-02-2018.
Beijing. February 5. Silkroadnews - Gold Ounces’ price made $1337.1 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 5.95.
The cost of gold ounce in euro made 1072.49 (+1.31), and in British pound – 947.2 (+5.41).
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.
