Morning interbank fixing in London resulted in gold price increase
Date: 16:21, 29-06-2016.
Almaty. June 29. Silkroadnews – Gold Ounces’ price made $1317.75 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it raised by 8.05.
The cost of gold ounce in euro made 1191.641 (+7.672), and in British pound 984.359 (+6.537).
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.
