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Bank in MM2008
Archive » 2007 , 2008
Financial news
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Gold futures price decreased
As of June 5, situation at precious metals market was characterized by quotations decrease. Today at morning trade session in Asia, gold was traded at $870.00 — $876.50 per ounce. Gold trade on New York Mercantile Exchange was opened at $871.50 level, afterwards it decreased somewhat its position. On June 4, New York Mercantile Exchange closure was fixed at $878.50 per ounce.
Gold futures price decreased significantly (according to trade results in New-York) while silver prices closed on growth which was caused by investors' profit hunting after silver had somewhat decreased in price due to fluctuation at other markets. According to COMEX trading results, gold futures quotations decreased by $1.70 — to $883.80 per Troy ounce. Sliver futures increased in price by 10.5 cents — to $16.94 per ounce.
On June 6, gold price is expected within the limits of $869.00-$879.00 per ounce which is caused by the US economy strengthening.
London morning fixing on June, 5 amounted to $873.00 per ounce, while the exchange rate of the National Bank of Ukraine was established at $877.25 per ounce.
Comments on precious metals market by Roman Valesyuk, Senior Vice-Chairman of JSCB PRAVEX-BANK Board. June 5, 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
- 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
- Gold price is expected within $891,30-$901,60 per ounce on June 4
- 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