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Quotations increase at precious metals market

As of 28 January situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $920,00-$921,00 per ounce. While opening New-York commodity exchange gold on bids was at the level $917,00, then it increased a little bit.. 25 January closure was fixed at the mark $910,50 per ounce at commodity exchange in New-York.

Gold futures in accordance with bids on СОМЕХ increased on $4,90, by $910,70 per ounce. Gold got support due to situation with electricity supply to operating companies of South Africa. Gold prices on Friday before bids on СОМЕХ reached maximum in $924,30, but then became cheaper due to profit fixation. Silver futures became more expensive on 15,7 cents, by $16,49.

London morning fixing 28 January constituted $916,50 per ounce, when rate of National Bank of Ukraine was fixed on the mark $921,25 per ounce.

Comments of Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. 28 January, 2008.

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News thrue january
2008

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