Morning interbank fixing in London closed with gold price increase
Date: 14:47, 06-03-2018.
Beijing. March 6. Silkroadnews - Gold Ounces’ price made $1324.95 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it increased by 4.55.
The cost of gold ounce in euro made 1074 (+2.89), and in British pound – 957.01 (+1.7).
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.
