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2008

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Quotations keep increasing at precious metals market

As of 19 February situation at precious metals market was characterized by quotations increase. Today at morning trade session in Asia gold was traded at $907,50 — $925,00 point per ounce. At New York commodity exchange opening gold at bids was at $920,00 level, afterwards it somewhat decreased its position. 18 February New York commodity exchange closure was fixed at $906,10 figure per ounce.

Futures on gold and silver on Monday at COMEX were traded with variable success. US dollar increase keeps leading the bids.

London morning fixing on 19 February constituted $916,50  per ounce, while National Bank of Ukraine rate was established at $905,00 mark per ounce.

Comments by Roman Valesyuk, Senior Vice-Chairman of JSCB PRAVEX-BANK Board on precious metals market. February 19, 2008.

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