Morning interbank fixing in London closed with gold price increase
Almaty. August 10. Silkroadnews – Gold Ounces’ price made $1278.9 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 7.85.
The cost of gold ounce in euro made 1091.67 (+6.57), and in British pound – 985.39 (+6.05).
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.