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2008

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June 19, gold price is expected within $880,00-$890,00 per troy ounce

As of June 18, situation at precious metals market was characterized by quotations decrease. Today during morning trade session in Asia gold was traded at the level $883,80 — $890,00 per ounce. While New York Mercantile Exchange opening, gold at bids was at the level $887,10, then slightly increased. June 17, at New York Mercantile Exchange closure was fixed on $882,10 per ounce.

Quotations of gold futures were consolidated and practically did not change after sharp growth at the previous session. In accordance with bids results at СОМЕХ quotations of gold futures increased 60 cents — by $886,90 per troy ounce. Quotations of silver futures became cheaper 15,7 cents and finished bids on $17,075 per ounce.

June 19, gold price is expected within $880,00-$890,00 per troy ounce.

London morning fixing on June 18, constituted $884,00 per ounce, when rate of the National Bank of Ukraine was set on $883,00 per ounce.

Comments by Roman VALESYUK, Senior Vice-Chairman of the Board of PRAVEX-BANK. June 18, 2008.

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News thrue june
2008

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