Morning interbank fixing in London closed with gold price increase
Date: 16:05, 24-11-2016.
Almaty. November 24. Silkroadnews – Gold Ounces’ price made $1187.25 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 1.9.
The cost of gold ounce in euro made 1125.04 (+1.57), and in British pound – 953.6 (-3.69).
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.
