Morning interbank fixing in London closed with gold price increase
Date: 15:07, 25-01-2018.
Beijing. January 25. Silkroadnews - Gold Ounces’ price made $1360.25 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it increased by 6.55.
The cost of gold ounce in euro made 1095.27 (+2.83), and in British pound – 954.35 (+1.62).
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.
