Morning interbank fixing in London resulted in gold price growth
Date: 14:43, 11-07-2016.
Almaty. July 11. Silkroadnews – Gold Ounces’ price made $1358.72 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by $4.
The cost of gold ounce in euro made 1231.661 (+6.065), and in British pound 1054.953 (+9.337).
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.
