Morning interbank fixing in London closed with gold price increase
Date: 06:36, 12-04-2018.
Beijing. April 12. Silkroadnews - Gold Ounces’ price made $1350.75 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 5.55.
The cost of gold ounce in euro made 1091.68 (+3.82), and in British pound – 951.33 (+3.37).
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.
