Morning interbank fixing in London closed with gold price increase
Date: 15:00, 16-03-2018.
Beijing. March 16. Silkroadnews - Gold Ounces’ price made $1320.05 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it increased by 1.3.
The cost of gold ounce in euro made 1071.09 (+2.77), and in British pound – 945.42 (+2.12).
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.
Photo source: cyprus-mail.com
