Morning interbank fixing in London closed with gold price increase
Date: 16:03, 25-11-2016.
Almaty. November 25. Silkroadnews – Gold Ounces’ price made $1187.5 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it increased by 1.4.
The cost of gold ounce in euro made 1121.83 (+0.37), and in British pound – 953.33 (+3.03).
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.
