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2007
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Gold market is provided with new investments inflows. Precious metals market review. 21 September 2007
As of 21 September the situation at precious metals market was characterized by quotations instability. Today during the morning trade session in Asia the gold was traded at the level $735,00-$736,00 per ounce, and at the opening of New York commodity exchange the gold at bid was at the $735,00. 20 September at New York commodity exchange the closing was fixed at the figure $731,70 per ounce.
The cost of futures for gold on Thursday raised up by record for 27 years levels against US dollar fell down background, relating leading world currencies. Oil remains also a strong instrument in gold support. Its cost measured in US dollars started also to decrease that makes the market to increase the prices. Hopes that rate decrease will result in industrial activity growth in the USA, makes investors to be in a hurry with new oil purchases for the future periods. Already now there are forecasts that the USA FRS can decide to make additional cutting of the rate at the sitting planed for October or earlier. In such terms one can say quite confidently that gold market is provided with new investments inflows.
London morning fixing 21 August made up $735,35 per ounce, while the rate of the National Bank of Ukraine was set at the mark $727,75 per ounce.
Comments of Roman Valesyuk, Senior Vice-Chairman of the Board of JSCB "PRAVEX-BANK"
News thrue september
2007
- Gold keeps moving up. Gold market review. 28 September, 2007
- Euro broke new record maximum against dollar. Foreign exchange market review. 28 September, 2007
- Hopes of gold market participants for moving up are quite reasonable. Precious metals market review. 27 September 2007
- Foreign exchange market review. 27 September, 2007
- Stability at precious metals market. Precious metals market review. 26 September, 2007
- Volatility was preserved at DEPO-market. Foreign exchange market review. 26 September 2007
- Fluctuation of price level at precious metals market. Precious metals market review. 25 September 2007
- American currency rally. Foreign exchange market review. 25 September 2007
- Gold growing trend is preserved. Precious metals market review. 24 September 2007.
- Dollar is traded under the pressure. Foreign exchange market review. 24 September 2007
- At international foreign exchange market Euro marked new record maximum. Review of foreign exchange market. 21 September, 2007
- Undulatory movement at Ukrainian interbank market. Foreign exchange market review for 20 September 2007
- Activity increase in gold purchase from the side of funds. Precious metals market review for 20 September 2007
- Dollar reached maximal mark since the beginning of the month. Foreign exchange market review. 19 September, 2007
- Gold market has all perspectives for further growth. Precious metals market review. 19 September, 2007.
- Increased interest of investors to the gold. Precious metals market review. 18 September 2007.
- Jump of the rate of US dollar against hryvna. Foreign exchange market review. 18 September 2007
- Dynamics of resources cost for different terms is multidirectional. Foreign exchange market review. 17 September 2007
- Gold cost goes on growing. Precious metals market review. 17 September 2007
- Gold remains one of the safest means of investments placement. Precious metals market review. 14 September 2007
- Course of bid at foreign exchange market remained unchanged. Foreign exchange market review. 14 September 2007
- Stability at precious metals market. Precious metals market review. 13 September, 2007
- Return of American dollar quotations to the previous level. Foreign exchange market review for13 September, 2007
- Growth of interest to gold as to the best alternative of safe investments placement. Precious metals market review.12 September, 2007
- Review of foreign exchange market. 12 september, 2007
- About how the market ignores fundamental data Foreign exchange market review. 11 September 2007
- Quotation increase at the precious metals market. Review of precious metals market. 11 September, 2007
- Employments decrease in the USA bits dollar. Foreign exchange market review. 10 September 2007
- Report on employment market of the USA increased gold attractiveness. Precious metals market review. 10 September 2007
- Employment in the USA brought down the market. Foreign exchange market review for 7 September 2007
- High vigilance again possesses the market. Foreign exchange market review for 6 September 2007
- Precious metals market review. 06 September 2007
- Foreign exchange market review. 05 September 2007
- Precious metals market review. 04 September 2007
- Foreign exchange market review. 04 September 2007
- Precious metals market review. 03 September 2007
- Review of foreign exchange market. 3 September, 2007
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