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2008

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Quotations decrease at precious metals market

As of April 24, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded within $902,50-$905,00 per ounce. While opening New York Mercantile Exchange gold at bids slightly increased. April 23, at New York Mercantile Exchange closure was fixed on the mark $903,90 per ounce.

Quotations of gold futures decreased lower than $900,00, and then could not increase higher than previous level of the closure, as US dollar was strengthened, and oil prices decreased. In accordance with results of bids at СОМЕХ quotations of gold futures fell $16,20 — by $909,00 per troy ounce. Silver prices decreased following gold one. Silver futures became cheaper 54,8 cents and finished bids on the mark USD $17,276 per ounce.

April 25, gold price is expected within $893,00— $909,00 per ounce.

London morning fixing on April 24, constituted $900,75 per ounce, when rate of National Bank of Ukraine was set on the mark $916,25 per ounce.

Comments of Roman Valesyuk Senior Vice Chairman of the Board of PRAVEX-BANK. April 24, 2008.

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News thrue april
2008

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