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Quotations at precious metals market keep growing

As of 16 January situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $888,00-$890,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $886,00, then slightly increased. 15 January at commodity exchange in New-York closure was fixed at the point $900,60 per ounce.

Gold prices on Tuesday fluctuated. Firstly quotations increased a little bit higher than historical maximums of the previous day, and then decreased against background of profit fixation, then increased with day minimum and closed with slight decrease. Gold futures in the course of bids decreased in price on 80 cents, by USD 902,60 per troy ounce. Silver futures decreased in price in accordance with bids results on 12,5 cents, by USD 16,30 per ounce.

London morning fixing 16 January constituted $881,00 per ounce, when rate of National Bank of Ukraine was set on the mark $904,75 per ounce.

Comments of Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. 16 January, 2008.

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News thrue january
2008

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