Morning interbank fixing in London closed with gold price increase
Almaty. September 7. Silkroadnews – Gold Ounces’ price made $1340.45 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 2.6.
The cost of gold ounce in euro made 1119.54 (-2.25), and in British pound – 1026.52 (+2.26).
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.