Morning interbank fixing in London closed with gold price increase
Date: 16:21, 29-11-2016.
Almaty. November 29. Silkroadnews – Gold Ounces’ price made $1187.3 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 0.3.
The cost of gold ounce in euro made 1119.98 (-1.26), and in British pound – 952.45 (-4.15).
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.
