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2008
Archive » 2007 , 2008
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Gold and silver prices increase at precious metals market
As of May 26, situation at precious metals, market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $926,40 per ounce. May 23, closure was fixed on $924,20 per ounce at New York Mercantile Exchange.
Gold prices in New York increased as USD decrease moderated sharp course of bids at oil market and allowed gold to become more expensive under conditions of low bids volume before long holidays in the USA. Quotations of gold futures (in accordance with bids results at СОМЕХ) increased on $7,50 — up to $925,80 per troy ounce. Silver prices increased following gold, in accordance with bids results they increased 26,5 cents — up to $18,29 per ounce.
May 27, gold price is expected within $925,00-$930,00 per ounce.
London morning fixing on May 26, constituted $922,25 per ounce, when rate of National Bank of Ukraine was set on $928,25 per ounce.
Comments by Roman VALESYUK, Senior Vice Chairman of the Board of PRAVEX-BANK on precious metals market. May 26, 2008.
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News thrue may
2008
- Inter-bank credit rates keep increasing at DEPO-market
- US dollar increase at the international foreign exchange market
- May 29, gold price is expected within $885,00-$904,00 per ounce
- Inter-bank credits rates increase at DEPO-market
- US dollar increased against European currencies at international foreign exchange market
- Gold is in great demand at the world market of banking metals
- Trading is not active at the Ukrainian inter-bank foreign exchange market
- Rates decrease on inter-bank credits is observed at DEPO-market
- American currency strengthened its positions at Ukrainian inter-bank foreign exchange market
- Gold and silver futures quotations increase
- Gold price increase at banking metals market
- Rates on inter-bank credits keep holding maximum marks at DEPO-market
- Tomorrow gold price is expected within $900,00-$915,00 per ounce.
- UAH keeps positions at Ukrainian inter-bank foreign exchange market
- Sharp price increase of gold futures ase of gold futures
- Rates increase on inter-bank credits in UAH
- Quotations increase at precious metals market again
- US dollar increase at Ukrainian inter-bank foreign exchange market
- Quotations decrease at precious metals market
- US dollar increases at inter-bank foreign exchange market
- US dollar increased against all European currencies
- Quotations decrease at precious metals market
- AT DEPO-market there is a clear tendency towards growth of interest rates on inter-bank credits in national currency
- At the international foreign exchange market descending trend of euro against the US dollar is being observed
- Quotations of gold and silver futures increased
- No changes at Ukrainian inter-bank market
- Situation at precious metals market
- At DEPO-market, offer in national currency remained at high level
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