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2008
Archive » 2007 , 2008
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London morning fixing constituted $1023,50 per gold ounce
As of March 17, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $1 024,00-$1026,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $1023,00, then slightly decreased. March 14 closure was fixed on the mark $1002,50 per ounce at commodity exchange in New-York.
Gold futures on Friday reached new historical maximums, as gold is used as asset-refuge due to decrease of US dollar rate. Gold futures in accordance with results of bids at СОМЕХ increased in price on $5,70 by $999,50 per troy ounce. Dollar decrease often causes growth of prices on gold, as investors use this metal as currency alternative. Futures quotations on silver increased on 23,5 cents by $20,655 per ounce.
London morning fixing on March 17 constituted $1023,50 per ounce, when rate of National Bank of Ukraine was set on the mark $997,00 per ounce.
Comments by Roman VALESYUK, Senior Vice-Chairman of the Board of JSCB "PRAVEX-BANK". 17 March, 2008.
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News thrue march
2008
- Correction renewed on gold futures
- Rates on interbank credits in national currency increased by long-term highest marks at DEPO-market
- Quotations decrease at precious metals market
- Differently oriented movement is observed at DEPO-market while determining interbank credits cost
- Futures on gold become more expensive
- US dollar began to increase versus European currencies
- Silver futures rose in price
- USA stock markets were opened multidirectionally
- Gold quotations keep decreasing
- Gold keeps decreasing at precious metals market
- American stock market was opened increasing
- Gold quotations keep descending
- Interest rates decrease at DEPO-market
- Quotations keep decreasing at precious metals market
- US dollar increas against all European currencies
- Situation at precious metals market is characterized by quotations decrease
- Quotations increase at precious metals market
- Futures on gold overcame $ 1 000 level
- Growth of futures quotations on silver
- Gold quotations fell at precious metals market
- Decrease of gold quotations at precious metals market
- Futures quotations on gold exceeded mark in $990 per troy ounce
- Pair Euro/Dollar reached its next highest mark at international foreign exchange market
- Situation at precious metals market
- US dollar reinforcement at Ukrainian interbank foreign exchange market
- Gold quotations decrease
- US dollar reinforcement
- Quotations increase at precious metals market
- Gold can exceed mark in $ 1 000 by the end of March already
- European markets of shares opened with decrease
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