Morning interbank fixing in London resulted in gold price increase
Date: 17:05, 21-07-2016.
Almaty. July 21. Silkroadnews – Gold Ounces’ price made $1322 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it grew by 6.1.
The cost of gold ounce in euro made 1199.318 (+3.296), and in British pound – 1000.754 (+1.591).
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.
