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2007

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At precious metals market — quotations increase

As of 21 December situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $802,00-$803,00 per ounce. While opening New-York commodity exchange, gold on bids increased by the mark $812,00 per ounce.

Such price jump is connected with sharp oil rise in price (from USD 90,80 to USD 92,50 per barrel). Besides now speculations before Christmas is fixed, taking into account that on Monday it is a day-off in the USA, players speculate on metal for getting profit today.

London morning fixing on the 21 of December constituted $803,00 per ounce, when rate of National Bank of Ukraine was set on the mark $799,50 per ounce.

 

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News thrue december
2007

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