Morning interbank fixing in London closed with gold price increase

Date: 17:00, 06-12-2016.

Almaty. December 6. Silkroadnews – Gold Ounces’ price made $1171.15 as a result of the morning interbank fixing in London.

Regarding Monday evening fixing in dollar terms it increased by 8.95.    

The cost of gold ounce in euro made 1086.94 (+4.35), and in British pound – 918.18 (+4.57).

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.

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