Morning interbank fixing in London closed with gold price increase
Date: 17:41, 27-02-2017.
Almaty. February 27. Silkroadnews – Gold Ounces’ price made $1256.25 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 2.6.
The cost of gold ounce in euro made 1187.41 (+1.83), and in British pound – 1011.16 (+9.37).
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.
