Morning interbank fixing in London resulted in gold price increase
Date: 15:06, 06-09-2016.
Almaty. September 6. Silkroadnews – Gold Ounces’ price made $1330.05 as a result of the morning interbank fixing in London.
Regarding Monday evening fixing in dollar terms it grew by 3.7.
The cost of gold ounce in euro made 1191.459 (+1.193), and in British pound – 997.937 (+2.511).
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.
