Morning interbank fixing in London closed with gold price increase
Almaty. November 4. Silkroadnews – Gold Ounces’ price made $1301.7 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it raised by 0.7.
The cost of gold ounce in euro made 1172.571 (-1.191), and in British pound – 1042.792 (-2.692).
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.