Morning interbank fixing in London closed with gold price increase
Almaty. February 7. Silkroadnews – Gold Ounces’ price made $1231 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it increased by 4.25.
The cost of gold ounce in euro made 1154.43 (+9.99), and in British pound – 995.14 (+9.57).
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.