Morning interbank fixing in London resulted in gold price increase
Date: 18:37, 07-09-2016.
Almaty. September 7. Silkroadnews –Gold Ounces’ price made $1348.75 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it grew by 11.5.
The cost of gold ounce in euro made 1199.848 (+4.346), and in British pound – 1108.595 (+11.006).
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.
