Morning interbank fixing in London closed with gold price increase
Date: 14:40, 19-10-2017.
Almaty. October 19. Silkroadnews – Gold Ounces’ price made $1283.4 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 3.2.
The cost of gold ounce in euro made 1087.42 (-1.13), and in British pound – 975.64 (+2.56).
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.
