Morning interbank fixing in London closed with gold price increase
Date: 15:02, 14-03-2018.
Beijing. March 14. Silkroadnews - Gold Ounces’ price made $1324.95 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it increased by 2.2.
The cost of gold ounce in euro made 1071.35 (+2.83), and in British pound – 949.59 (+2.77).
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.
