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2008

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Quotations decrease at precious metals market

As of April 4, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $902,00-$905,00 per ounce. While opening New York Mercantile exchange, gold at bids was at the level $905,00, then it slightly increased. On April 3, closure was fixed on the mark $904,00 per ounce at commodity exchange in New-York.

Gold futures at СОМЕХ on Thursday with increase, having received support due to growth of oil prices and US dollar that lost part of conquered positions. Quotations of futures on gold increased in accordance with results of bids at СОМЕХ on USD 9,40 up to USD 909,60 per ounce. Futures on silver increased in price 30 cents and finished bids on the mark USD 17,48.

London morning fixing on April 4 constituted $905,25 per ounce, when rate of National Bank of Ukraine was set on the mark $898,25 per ounce.

Comments by Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. April 4, 2008.

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News thrue april
2008

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