Morning interbank fixing in London closed with gold price increase
Date: 15:33, 20-01-2017.
Almaty. January 20. Silkroadnews – Gold Ounces’ price made $1199.1 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it increased by 3.05.
The cost of gold ounce in euro made 1127.03 (-2.16), and in British pound – 974.87 (+2.36).
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.
