Morning interbank fixing in London closed with gold price increase
Almaty. February 22. Silkroadnews – Gold Ounces’ price made $1237.5 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it increased by 4.3.
The cost of gold ounce in euro made 1178.22 (+7.91), and in British pound – 994.21 (+2.59).
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.