Interbank fixing in London closed with gold price increase
Date: 06:27, 25-05-2018.
Beijing. May 25. Silkroadnews - Gold Ounces’ price made $1304.85 as a result of the evening interbank fixing in London.
Regarding Thursday morning fixing in dollar terms it rose by 8.5.
The cost of gold ounce in euro made 1112.52 (+7.64), and in British pound – 974.59 (+6.86).
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.
