Morning interbank fixing in London closed with gold price increase

Date: 16:03, 16-09-2016.

Almaty. September 16. Silkroadnews – Gold Ounces’ price made $1314.25 as a result of the morning interbank fixing in London.

Regarding Thursday evening fixing in dollar terms it grew by 3.45.  

The cost of gold ounce in euro made 1170.077 (+2.81), and in British pound – 995.676 (+1.959).

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.

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