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2008
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June 25, gold price is expected within $885,00 $895,00 per troy ounce
As of June 24, situation at precious metals market was characterized by quotations decrease during the first half of a day. Today during morning trade session in Asia gold was traded at the level $886,70-$888,10 per ounce. While opening New York Mercantile Exchange gold at bids was at the level $887,20, then slightly increased. June 23, at New York Mercantile Exchange closure was fixed on $885,7 per ounce.
Gold and silver price on Monday decreased a lot, as big fund offered for sale considerable amount of gold. But on Tuesday positions were returned to gold.
Price of gold futures: $887,20. Price of silver futures: $16,79.
As of June 25, gold is expected within $885,00 $895,00 per troy ounce. Such insignificant prices increase is stipulated by slowdown of GDP of the USA.
London morning fixing on June 23, constituted $888,25 per ounce, when rate of the National Bank of Ukraine was set on $905,25 per ounce.
Comments by Roman Valesyuk, Senior Vice-Chairman of the Board of PRAVEX-BANK on precious metals market. June 24, 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
- 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
- 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
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