At the end of the morning interbank fixing in London the gold price rose
Almaty. February 4. Silkroadnews - Gold Ounces’ price was $1146,25 at the end of the morning interbank fixing in London.
Regarding the Wednesday evening fixing in dollar terms it rose by 14,25.
The cost of gold ounce in euros made 1027,290 (+0,533), and in British pounds 782,156 (+5,537).
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.