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2008

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Quotations decrease at precious metals market

As of April 10, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $931,00-$935,00 per ounce. While opening New-York Mercantile Exchange gold on bids was at the level $937,50, then slightly decreased. April 9 at New York Mercantile Exchange closure was fixed on the mark $934,00 per ounce.

On Wednesday gold and silver sharply became more expensive on bids in New York, due to crude oil price increase to the absolute maximum levels, US dollar weakening and fall at stock market. In accordance with bids results at СОМЕХ, gold future price increased USD 19,50 — up to USD 937,50 per troy ounce. Silver futures became more expensive on 49,2 cents and finished bids at COMEX on the mark of USD 18,20 per ounce.

Tomorrow gold quotations will balance on the mark of $925,00 per ounce.

London morning fixing on April 10, constituted $934,25 per ounce, when rate of National Bank of Ukraine was set on the mark $906,75 per ounce.

Comments of Roman Valesyuk, Senior Vice Chairman of the Board of PRAVEX-BANK. April 10, 2008.

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News thrue april
2008

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