Morning interbank fixing in London closed with gold price increase
Date: 14:58, 29-08-2017.
Almaty. August 29. Silkroadnews – Gold Ounces’ price made $1323.4 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 38.1.
The cost of gold ounce in euro made 1097.36 (+12.18), and in British pound – 1020.34 (+19.35).
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.
