Morning interbank fixing in London closed with gold price increase
Date: 16:18, 16-01-2017.
Almaty. January 16. Silkroadnews – Gold Ounces’ price made $1202.75 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 12.4.
The cost of gold ounce in euro made 1135.4 (+12.9), and in British pound – 997.56 (+16).
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.
