Morning interbank fixing in London resulted in gold price increase
Date: 15:58, 01-08-2016.
Almaty. August 1. Silkroadnews – Gold Ounces’ price made $1348.85 as a result of the morning interbank fixing in London.
Regarding Friday evening fixing in dollar terms it grew by 6.85.
The cost of gold ounce in euro made 1207.760 (+5.596), and in British pound – 1022.968 (+5.598).
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.
