At the end of the morning interbank fixing in London the gold price increased
Almaty. April 11. Silkroadnews - Gold Ounces’ price made $1247.25 at the end of the morning interbank fixing in London.
Regarding the Friday evening fixing in dollar terms it increased by 7.75.
The cost of gold ounce in euros made 1095.838 (+8.22) and in British pounds 878.958 (-0.225).
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.