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Bank in MM2008
Archive » 2007 , 2008
Financial news
News
Gold quotations keep decreasing
As of March 25 situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $925,00-$930,00 per ounce. While opening of New York commodity exchange gold on bids was at the level $932,00, then slightly decreased. March 24 at commodity exchange in New York closure was fixed on the mark $918,40 per ounce.
NEW YORK, March 24. Most part of the session on Monday gold futures were traded with moderate increase however at the end of session slightly decreased against US dollar stabilization. Gold futures in accordance with results of bids at СОМЕХ fell in price on USD 1,30 per ounce — by the level in USD 918,70. If dollar keeps growing this factor can cause evident pressure on decrease on gold and silver market. Futures quotations on silver will probably fall down following gold, if US dollar keeps growing. Futures quotations on silver in accordance with results of bids increased 26 cents — by USD 17,11.
London morning fixing March 25 constituted $930,65 per ounce, when rate of National Bank of Ukraine was set on the mark $913,30 per ounce.
Comments by Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. March 25, 2008.
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News thrue march
2008
- Correction renewed on gold futures
- Rates on interbank credits in national currency increased by long-term highest marks at DEPO-market
- Quotations decrease at precious metals market
- Differently oriented movement is observed at DEPO-market while determining interbank credits cost
- Futures on gold become more expensive
- US dollar began to increase versus European currencies
- Silver futures rose in price
- USA stock markets were opened multidirectionally
- Gold keeps decreasing at precious metals market
- American stock market was opened increasing
- Gold quotations keep descending
- Interest rates decrease at DEPO-market
- Quotations keep decreasing at precious metals market
- US dollar increas against all European currencies
- Situation at precious metals market is characterized by quotations decrease
- Quotations increase at precious metals market
- London morning fixing constituted $1023,50 per gold ounce
- Futures on gold overcame $ 1 000 level
- Growth of futures quotations on silver
- Gold quotations fell at precious metals market
- Decrease of gold quotations at precious metals market
- Futures quotations on gold exceeded mark in $990 per troy ounce
- Pair Euro/Dollar reached its next highest mark at international foreign exchange market
- Situation at precious metals market
- US dollar reinforcement at Ukrainian interbank foreign exchange market
- Gold quotations decrease
- US dollar reinforcement
- Quotations increase at precious metals market
- Gold can exceed mark in $ 1 000 by the end of March already
- European markets of shares opened with decrease