Morning interbank fixing in London closed with gold price rise
Date: 16:19, 31-10-2016.
Almaty. October 31. Silkroadnews – Gold Ounces’ price made $1274.2 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 1.2.
The cost of gold ounce in euro made 1163.217 (-1.705), and in British pound – 1046.451 (+0.604).
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.
