Morning interbank fixing in London resulted in gold price increase
Date: 17:12, 27-06-2016.
Almaty. June 27. Silkroadnews – Gold Ounces’ price made $1324.6 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it increased by 9.1.
The cost of gold ounce in euro made 1200.485 (+11.405), and in British pound 996.364 (+40.522).
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.
