Morning interbank fixing in London closed with gold price increase
Date: 15:25, 04-10-2017.
Almaty. October 4. Silkroadnews – Gold Ounces’ price made $1275.55 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it increased by 4.3.
The cost of gold ounce in euro made 1085.11 (+3.78), and in British pound – 960.87 (+1.58).
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.
