Morning interbank fixing in London resulted in gold price increase
Date: 17:13, 02-08-2016.
Almaty. August 2. Silkroadnews – Gold Ounces’ price made $1358.15 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it grew by 8.5.
The cost of gold ounce in euro made 1213.1 (+4.623), and in British pound – 1025.132 (+2.502).
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.
