Morning interbank fixing in London closed with gold price increase

Date: 14:44, 25-04-2017.

Almaty. April 25. Silkroadnews – Gold Ounces’ price made $1270.5 as a result of the morning interbank fixing in London.

Regarding Monday evening fixing in dollar terms it increased by 1.1.    

The cost of gold ounce in euro made 1165.81 (-2.42), and in British pound – 990.48 (-2.7).

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.

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