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2008
Archive » 2007 , 2008
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Quotations decrease at precious metals market
As of March 28, situation at precious metals market was characterized by quotations decrease. Today at morning trade session in Asia gold was traded at $943.20-$943.30 level per ounce. At New York commodity exchange opening gold at bids was at $945.00 level, afterwards it increased somewhat its position. On March 27, New York commodity exchange closure was fixed at $946.00 figure per ounce.
Gold futures fell somewhat in price during the day and closed without changes at the closure of short positions and oil price rise. Gold futures according to bids results at COMEX fell in price by 20 cents to $954.00 per ounce. On Thursday, gold futures were traded with decrease because of insignificant profit taking against little rise of US dollar. Silver futures rose by 16.7 cents to $18.55 per ounce. At session closure, futures rose by 18.6 cents to $18.559.
London morning fixing on March 28 constituted $944.50 per ounce, while National Bank of Ukraine rate was established at $948.25 mark per ounce.
Comments on precious metals market by Roman Valesyuk, Senior Vice-Chairman of JSCB PRAVEX-BANK Board. March 28, 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
- 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
- London morning fixing constituted $1023,50 per gold ounce
- 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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