Morning interbank fixing in London closed with gold price increase
Beijing. February 13. Silkroadnews - Gold Ounces’ price made $1329.4 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it increased by 7.1.
The cost of gold ounce in euro made 1077.61 (-0.46), and in British pound – 955.04 (-1.12).
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.