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2008

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Quotations decrease at precious metals market

As of June 9, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $900,00 — $900,10 per ounce. While opening New York Mercantile Exchange gold at bids was at the level $902,20, then slightly decreased. June 6, at New York Mercantile Exchange closure was fixed on $902,20 per ounce.

Official rates of banking metals per 10 troy ounces set by the National Bank of Ukraine since 09.06.2008 constitute:
Gold — UAH 42 858.59 (+)
Silver — UAH 833.89 (+)
Platinum — UAH 99 202.95 (+)

Earlier maximum gold rate set by the NBU was fixed on 18/03/2008 and constituted UAH 51 686.75 per 10 troy ounces (UAH 166.18 per 1 gram).

June 10, gold price is expected within $880,00-$895,00 per ounce that is stipulated by USD strengthening.

London morning fixing on June 9, constituted $904,25 per ounce when rate of National Bank of Ukraine was set on $883,50 per ounce.

Comments by Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. June 9, 2008.

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News thrue june
2008

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