The morning interbank fixing in London results in the gold price increase
Date: 17:53, 01-06-2016.
Almaty. June 1. Silkroadnews – Gold Ounces’ price made $1216.25 as a result of the morning interbank fixing in London.
Regarding the Tuesday evening fixing in dollar terms it grew by 4.15.
The cost of gold ounce in euro made 1090.003 (+5.052), and in British pound 847.761 (+14.63).
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.
