Morning interbank fixing in London closed with gold price increase
Almaty. August 18. Silkroadnews – Gold Ounces’ price made $1295.25 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it increased by 10.1.
The cost of gold ounce in euro made 1102.65 (+7.57), and in British pound – 1004.34 (+7.58).
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.