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2008

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Tomorrow gold quotations are expected within $918,00-$926,00 per ounce

As of April 22, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $915,60-$920,00 per ounce. While opening New York Mercantile Exchange gold at bids was at the level $919,20, then slightly increased. April 21, at New York Mercantile Exchange closure was fixed on the mark $917,10 per ounce.

In accordance with results of bids at СОМЕХ quotations of gold futures increased on $2,40 — by $917,60 per troy ounce. Quotations of gold futures decreased after increase up to $950,00 per ounce last week. Meanwhile silver prices decreased as bids participants expect demand decrease on behalf of industry, together with US economics slowdown. Silver futures became cheaper on 46 cents and finished bids on the mark in $17,36 per ounce.

April 23, gold quotations are expected within $918,00-$926,00 per ounce.

London morning fixing on April 22, constituted $920,75 per ounce, when rate of National Bank of Ukraine was set on the mark $915,75 per ounce.

Comments of Roman VALESYUK, Senior Vice Chairman of the Board of PRAVEX-BANK on precious metals market. April 22, 2008.

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News thrue april
2008

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