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2008
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Quotations increase at precious metals market
As of 13 February situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $900,00-$902,60 per ounce. While opening New-York commodity exchange gold on bids was at the level $900,60, then it decreased a little bit. 12 February at commodity exchange in New-York closure was fixed at the figure $905,90 per ounce.
On Tuesday in New-York prices of gold futures sharply became cheaper due to profit fixation by market participants. Also increase at stock places caused financial resources flow from gold market to other markets. Decrease of gold prices caused profit fixation and decrease of silver cost. In accordance with bids results at raw materials exchange and COMEX, subdivision of New-York commodity exchange, price of gold future decreased on $15,60, by $911,10 per ounce. At bids at COMEX price of silver future decreased on 22 cents, by $17,25 per ounce; the day before there was fixed maximum for this contract on mark $17,650 per ounce.
London morning fixing 13 February constituted $905,75 per ounce, when rate of National Bank of Ukraine was fixed on the mark $920,25 per ounce.
Comments by Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. 13 February, 2008.
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News thrue february
2008
- Last winter day in Europe was opened by rates decrease of European currencies against US dollar
- Gold price is increasing
- US currency rate grew slowly against Euro and British pound sterling.
- Gold will try to get new levels and approach mark in $1000 per troy ounce.
- Gold price is constantly growing up at precious metals market
- Foreign exchange market review for 27.02.2008
- Sudden decrease of gold price will be of short duration
- US rate is strengthened at the interbank market
- At Interbank dollar has once more left hryvnia behind having won another point
- Quotations keep growing at precious metals market
- US dollar has improved its position at interbank
- Quotations at precious metals market keeps growing without cessation
- Quotations are sky-rocketing at precious metals market
- Hryvnia is strengthening at interbank market
- Quotations keep increasing at precious metals market
- US dollar increase set the pace for bids
- Quotations increase at precious metals market
- Silver became more expensive at precious metals market
- Quotations keep increasing at precious metals market
- Quotations keep increasing at precious metals market
- Quotations keep increasing at precious metals market
- Quotations increase is observed for three days at precious metals market
- Quotations increase at precious metals market
- Quotations increase at precious metals market
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