Morning interbank fixing in London closed with gold price significant increase

Date: 15:25, 10-05-2017.

Almaty. May 10. Silkroadnews – Gold Ounces’ price made $1222.95 as a result of the morning interbank fixing in London.

Regarding Tuesday evening fixing in dollar terms it increased by 2.55.    

The cost of gold ounce in euro made 1124.99 (+4.78), and in British pound – 944.61 (+0.63).

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.

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