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2008

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On June 11, gold price is expected within the limits of $870.00-$887.00 per ounce

As of June 10, situation at precious metals market was characterized by quotations decrease. Today at morning trade session in Asia, gold was traded at $888.00 — $890.00 per ounce. Gold trade on New York Mercantile Exchange was opened at $887.30, afterwards it decreased somewhat its position. On June 9, New York Mercantile Exchange closure was fixed at $892.60 per ounce.

Gold price dropped due to decrease at oil market. According to regular trade session results on New York Mercantile Exchange, NYMEX, gold futures decreased in price by $0.80 (or by 0.1%) — to $898.20 per Troy ounce. Silver delivery contract fell by $0.24 (or by 1.3%) — to $17.19 per Troy ounce.

On June 11, gold price is expected within the limits of $870.00-$887.00 per ounce.

London morning fixing on June, 10 amounted to $884.50 per ounce, while the exchange rate of the National Bank of Ukraine was established at $904.25  per ounce.

Comments on precious metals market by Roman Valesyuk, Senior Vice-Chairman of PRAVEX-BANK Board. June 10, 2008.

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News thrue june
2008

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