Morning interbank fixing in London resulted in gold price growth
Date: 18:13, 23-08-2016.
Almaty. August 23. Silkroadnews – Gold Ounces’ price made $1338.5 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it grew by 2.6.
The cost of gold ounce in euro made 1181.092 (-0.111), and in British pound – 1015.252 (-4.44).
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.
