Morning interbank fixing in London closed with gold price increase
Date: 15:15, 20-10-2016.
Almaty. October 20. Silkroadnews – Gold Ounces’ price made $1269.2 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 0.15.
The cost of gold ounce in euro made 1156.749 (-0.244), and in British pound – 1034.652 (+2.534).
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.
