Morning interbank fixing in London closed with gold price rise
Almaty. October 26. Silkroadnews – Gold Ounces’ price made $1273.9 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it increased by 4.5.
The cost of gold ounce in euro made 1166.128 (-2.609), and in British pound – 1043.451 (-3.931).
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.