Morning interbank fixing in London closed with gold price increase
Date: 16:48, 08-11-2016.
Almaty. November 8. Silkroadnews – Gold Ounces’ price made $1284 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it raised by 0.95.
The cost of gold ounce in euro made 1162.02 (+0.86), and in British pound – 1034.262 (-1.031).
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.
