Octubre, 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Tuesday, 31-October-2006 Gold opened lower in Asia after a seven-week high of $610.5 reachedMonday. From $604 opening levels the metal gradually drifted lower, asgeneral public was taking profits. A firm support was however found nearthe 600 dollar mark. In Europe the yellow metal slipped towards the FarEast lows again as oil prices held below $60 per barrel, to fix at $600.90on the first London fixing, down 3.85 dollars compared the previous AM.

31 de Octubre de 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Monday, 30-October-2006 With Hong Kong being on Holiday, the market was very thin in Asia. Gold opened just below the 600 dollar mark on Tocom and helped by the buying from the general pubic traded to the high of $603.7. In Europe the Far East peak was extended to $610 from where the prices lost some ground, to fix at $608.50 on the second London fix.

30 de Octubre de 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Friday, 27-October-2006 Gold opened slightly lower on Tocom compared to the NY close of$597.25 Thursday. The market remained very quiet with the upside beinglimited to $596 and the downside to $595. During the early European tradingthe yellow metal revisited the Asian highs, but fixed lower, at $593.75 onthe first London fixing.

27 de Octubre de 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Wednesday, 25-October-2006Gold was stagnant in Asia. It was limited to $584.50 on the upsideand remained rangeless for the first part of the Tocom session. Spotdrifted lower in the afternoon, but once again in the absence of any followthrough selling the downside was also limited. There was very littleactivity during the European hours as well.

25 de Octubre de 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Monday, 23-October-2006After a close above $593 level on Friday, gold was sold down onaccess, to opened more than three dollars lower in Asia. Buying on Tocompushed the metal up to $592.50, but in the absence of any follow through itremained hovering within a one dollar range. In Europe the yellow metalopened around $592 levels, which marked the high for our time zone as soonas from there the prices started their gradual descent.

23 de Octubre de 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Friday, 20-October-2006 Gold opened above $600 level on Tocom, with good selling interestpushing it down to $599.80. Sellers turned into buyers on the lows, but dueto the absence of any follow through the metal was limited to $600.50 onthe upside. In Europe spot reached the high of $602.50 as oil steadiedafter OPEC agreed to cut output by more than expected. Group’s ministersagreed to cut by 1.2 million bpd instead of 1 million from the first ofNovember.

20 de Octubre de 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Thursday, 19-October-2006Gold edged higher on access to open two dollars above the NY closingprice on Tocom. Weaker crude oil had however capped that market and pricesdrifted below $590 level again. In Europe the yellow metal remained in itssideways pattern as the opinion of the OPEC members for cutting productionof the group still differed.

19 de Octubre de 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Wednesday, 18-October-2006 It was another day of very narrow range trading in Asia. Gold sliddown to $589.30 shortly after Tocom opening, but recovered as dip buyingemerged in the market. The yellow metal opened around $591-591.50 levels inLondon, which marked the low for our time zone. Price action was verylimited and range bounded.

18 de Octubre de 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Tuesday, 17-October-2006 Gold firmed during access trading, but drifted slightly lower priorto Tocom opening. The yellow metal traded within a narrow two dollar range,supported by bids below $596 and restricted by offers above $598 per ounce.In Europe the market retreated to fix at $594.90 on the AM London fixing.Subsequently the prices rebounded, but still remained rather inactivedespite a weaker US dollar and crude trading above $62 per barrel.

17 de Octubre de 2006

MKS Gold&Silver, Daily Report

MKS Finance SA - Geneva Monday, 16-October-2006 After a close below $590 per ounce on Friday, gold traded higher toopen around $592 levels on Tocom. Large volumes were traded in Asia, butthe volatility was small and the metal bounded by less than a three dollarrange. In Europe the yellow metal fixed at $593 on the first London fixing,up 15.1 dollars from the previous AM one.

16 de Octubre de 2006