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2008

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Quotations of gold futures decreased

As of April 15, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $927,50-$935,00 per ounce. While opening New York Mercantile Exchange gold at bids was at the level $935,00, then slightly decreased. April 14, at New York Mercantile Exchange closure was fixed on the mark $924,30 per ounce.

Quotations of gold futures at world session decreased due to US dollar growth. However, in accordance with bids results gold became more expensive a little bit, as American currency could not keep reached positions, and oil became more expensive. In accordance with results of bids at СОМЕХ, prices of gold futures increased on $ 1,70 — by $ 928,70 per troy ounce. Silver futures increased 10 cents and finished bids on the mark $ 17,79 per ounce.

April 16, futures quotations will fluctuate within $ 935,00 — $ 940,00 per ounce.

London morning fixing on April 15, constituted $931,75 per ounce, when rate of National Bank of Ukraine was set on the mark $917,75 per ounce.

Comments of Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. April 15, 2008.

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News thrue april
2008

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