Mumbai: The record rise in gold and silver prices continued in the Mumbai jewelery market today. However, world market averages showed high levels of biased volatility in precious metals. Meanwhile, gold prices rose by Rs 300 to Rs 99.50 at Rs 78,300 and Rs 78,500 per kg in Ahmedabad jewelery market today. It is reported that the gold prices in the world market after reaching the highest level of 2645 to 2646 dollars per ounce at 2667 dollars, fell to 2638 to 2639 dollars.
Global markets witnessed selling of funds today amid a rise in the dollar index amid a rise in the dollar index as the employment growth data in the United States came in much better than expected. In America, the job growth in the month of September was expected to be 1 lakh 40 thousand, but actually the job growth was reported to be 2 lakh 54 thousand. The unemployment rate also came down to 4.10 percent.
Meanwhile, in the global market, silver prices fell from $31.50 to $31.51 to $31.27 to $31.69 to $31.70. Global platinum prices rose from 991 to 992 to $109 an ounce, while palladium prices rose from 991 to 992 to $1018 to 1007 to 1008 dollars an ounce.
Global copper prices were moving in a neutral direction today. Meanwhile, crude oil prices continued to rise in the world market, with Brent crude prices ranging from $75.29 to $78,000 per barrel, while US crude oil prices ranged from $75.06 to $74 per barrel at a high of $71.57.
As the war between Iran and Israel escalated, global crude oil prices witnessed a bullish trend. Meanwhile, gold prices without GST in Mumbai bullion market today stood at Rs 99.50, Rs 75,760, Rs 75,312 and Rs 99.90 at Rs 75,615.
While in Mumbai, silver prices without GST increased from Rs 90671 to Rs 92286 to Rs 92200. Gold and silver prices in Mumbai were 3 percent more than this price including GST.