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Quotations increase at precious metals market

As of 04 January situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $863,2-$865,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $862,00, then it increased a little bit. 03 January on commodity exchange in New-York closure was fixed on the mark $865,80 per ounce.      

At commodity exchange futures with supply increased on USD 9,10, by USD 869,10 per ounce. During a day gold increased by USD 872 per ounce. Absolute record was fixed on 21 January 1980, when futures were concluded with price USD 875 per ounce. In accordance with experts' opinion, during February gold can approach USD 900 per ounce. Futures on silver increased on 21cents, by USD 15,50 per ounce.    

London morning fixing on 04 January constituted $858,75 per ounce, when rate of National Bank of Ukraine was fixed on the mark $865,35 per ounce.

Comments of Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. 04 January, 2008.  

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News thrue january
2008

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