Morning interbank fixing in London resulted in gold price increase
Date: 17:29, 03-08-2016.
Almaty. August 3. Silkroadnews – Gold Ounces’ price made $1364.4 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it grew by 0.65.
The cost of gold ounce in euro made 1218.955 (+3.035), and in British pound – 1023.164 (-3.331).
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.
