Morning interbank fixing in London closed with gold price increase

Date: 15:31, 27-04-2017.

Almaty. April 27. Silkroadnews – Gold Ounces’ price made $1264.3 as a result of the morning interbank fixing in London.

Regarding Wednesday evening fixing in dollar terms it increased by 2.45.  

The cost of gold ounce in euro made 1160.63 (+1.49), and in British pound – 980.21 (-3.78).

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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