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2008

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May 29, gold price is expected within $885,00-$904,00 per ounce

As of May 28, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $908,00 — $892,00 per ounce. While opening New York Mercantile Exchange gold at bids was at the level $892,70, then slightly increased. May 27, at New York Mercantile Exchange closure was fixed on $904,30 per ounce.

Gold and silver quotations decreased lower than sliding average one for 100 and 50 days. Quotations of gold futures (in accordance with bids results at СОМЕХ) decreased $17,90 — by $907,90 per troy ounce. Silver futures became cheaper 82,5 cents — to $17,465 per ounce.

May 29, gold price is expected within $885,00-$904,00 per ounce.

 London morning fixing on May 28, constituted $892,00 per ounce, when rate of the National Bank of Ukraine was set on $923,75 per ounce.

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News thrue may
2008

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