Morning interbank fixing in London closed with gold price increase
Date: 16:50, 04-01-2017.
Almaty. January 4. Silkroadnews – Gold Ounces’ price made $1165.9 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it increased by 14.9.
The cost of gold ounce in euro made 1117.4 (+7.84), and in British pound – 949.98 (+9.38).
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.
