At the end of the morning interbank fixing in London the gold price increased
Almaty. April 5. Silkroadnews - Gold Ounces’ price was $1231.5 at the end of the morning interbank fixing in London.
Regarding the Monday evening fixing in dollar terms it rose by 11.75.
The cost of gold ounce in euros made 1083.586 (+14.099) and in British pounds 866.323 (+12.967).
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.