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2008
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Gold price is expected within $891,30-$901,60 per ounce on June 4
As of June 3, situation at precious metals market was characterized by quotations increase. Today during morning trade session in Asia gold was traded at the level $891,30 per ounce. While opening New York Mercantile Exchange gold at bids was at the level $887,00, then it slightly increased. June 2, closure was fixed on $890,30 per ounce at New York Mercantile Exchange.
Prices of gold futures increased on Monday (in accordance with bids in New York), due to the range of factors: thanks to investors' interests reacting to prices decrease, and demand for more secure assets for investment. Prices will not change considerably just in one direction, we will come across with movement in one as well as in second direction.
June 4, gold price is expected within $891,30-$901,60 per ounce.
London morning fixing on June 3, constituted $895,50 per ounce, when rate of the National Bank of Ukraine was set on $891,25 per ounce.
Comments by Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. June 3, 2008.
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News thrue june
2008
- Gold prices increase at precious metals market
- The US dollar decreased at the Ukrainian interbank foreign exchange market
- Gold price increased a little on Thursday
- Quotations decrease at precious metals market
- At DEPO-market trading was inactive
- June 25, gold price is expected within $885,00 $895,00 per troy ounce
- On June 24, gold price is expected within the range of $875.00-$885.00 per Troy ounce
- Rates increase at DEPO-market
- Quotations increase at precious
- Quotations increase at precious metals market
- The US dollar increased at the Ukrainian interbank foreign exchange market towards trade session closing
- June 19, gold price is expected within $880,00-$890,00 per troy ounce
- Rates increase at DEPO-market
- Gold futures increased in price
- The US dollar kept decreasing at the Ukrainian interbank currency market
- At the International foreign exchange market USD reached its maximum level for the last month against all main European currencies
- At international foreign exchange market USD kept growing after one day of correction
- Gold futures became more expensive
- Quotations decrease at precious metals market
- At the international foreign exchange market USD entered the phase of correction
- On June 11, gold price is expected within the limits of $870.00-$887.00 per ounce
- At the international foreign exchange market USD increased against main world currencies
- Quotations decrease at precious metals market
- The US dollar began to regain lost positions at the International foreign exchange market
- Quotations decrease at precious metals market
- The US dollar exchange rate decreases against the hryvnia at the Ukrainian inter-bank foreign exchange market
- Gold futures price decreased
- USD Supply and demand are relatively balanced without the NBU interference
- Quotations decrease at precious metals market
- At DEPO-market, there is a tendency towards credit rates decrease in national currency
- At international foreign currency market the US dollar reached its high against the euro for the last two and half week
- Quotations increase at precious metals market
- USD growth against EUR and GBP
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