Morning interbank fixing in London closed with gold price increase
Almaty. January 17. Silkroadnews – Gold Ounces’ price made $1217.5 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it increased by 14.5.
The cost of gold ounce in euro made 1141.65 (+6.86), and in British pound – 1003.59 (+6.78).
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.