Morning interbank fixing in London resulted in gold price increase
Date: 16:38, 16-06-2016.
Almaty. June 16. Silkroadnews – Gold Ounces’ price made $1307 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it increased by 23.7.
The cost of gold ounce in euro made 1161.139 (+18.232), and in British pound 922.089 (+16.721).
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.
