Morning interbank fixing in London closed with significant gold price increase
Date: 15:00, 26-02-2018.
Beijing. February 26. Silkroadnews - Gold Ounces’ price made $1339.05 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 11.1.
The cost of gold ounce in euro made 1085.3 (+6.21), and in British pound – 953 (+3.52).
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
