Morning interbank fixing in London closed with gold price increase
Date: 17:48, 25-05-2017.
Almaty. May 25. Silkroadnews – Gold Ounces’ price made $1257.1 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 4.55.
The cost of gold ounce in euro made 1119.57, and in British pound – 969.48.
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.
