Evening interbank fixing in London closed with gold price increase
Date: 06:48, 12-07-2018.
Beijing. Jul 12. Silkroadnews - Gold Ounces’ price made $1251.4 as a result of the evening interbank fixing in London.
Regarding Wednesday morning fixing in dollar terms it increased by 1.4.
The cost of gold ounce in euro made 1065.57 (-2.81), and in British pound – 943.18 (-0.45).
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.
