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2008

Archive » 2007 , 2008

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Quotations increase is observed for three days at precious metals market

As of 07 February situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $902,00-$904,30 per ounce. While opening New-York commodity exchange gold at bids was at the level $903,80, then it increased a little bit. 06 February closure was fixed on the mark $900,50 per ounce at commodity exchange in New-York.

Price of gold and silver futures on Wednesday returned higher than sliding average one for 20 days. Sharp quotations increase happened after gold futures at COMEX became cheaper on more than USD 50 within remedial rollback from maximum of the previous week in USD 942,20 to minimum in USD 888,40 on Tuesday. Gold futures at СОМЕХ increased on USD 14,70, by USD 905 per ounce. Silver futures increased on 20,5 cents, by USD 16,55. On Tuesday US dollar sharply became more expensive that contributed its contribution to active gold sale.

London morning fixing on 07 February constituted $908,25 per ounce, when rate of National Bank of Ukraine was fixed on mark $892,00 per ounce.

Comments of Roman Valesyuk, Senior Vice-Chairman of the Board of JSCB "PRAVEX-BANK" on precious metals market. 07 February, 2008.

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