Morning interbank fixing in London closed with gold price increase
Almaty. November 17. Silkroadnews - Gold Ounces’ price made $1283.85 as a result of the morning interbank fixing in London.
Regarding Thursday evening fixing in dollar terms it increased by 3.85.
The cost of gold ounce in euro made 1088.19 (+1.6), and in British pound – 969.31 (-0.16).
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.