The morning interbank fixing in London results in the gold price increase
Date: 15:40, 02-06-2016.
Almaty. June 2. Silkroadnews – Gold Ounces’ price made $1215.5 as a result of the morning interbank fixing in London.
Regarding the Wednesday evening fixing in dollar terms it grew by 1.
The cost of gold ounce in euro made 1085.32 (-2.993), and in British pound 842.098 (-0.522).
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.
