look news india
Mumbai: Gold and silver prices continued to fall sharply in Mumbai's jewelery market today. As the world market falls, domestic import costs come down, while with the Dussehra festive season around the corner, gold and silver prices fall, market experts are now expecting good demand in the market as a sign of the festive season.
There are indications of increasing selling of funds in the world market. In the world market today, the price of gold was reported to fall from 2645 to 2646 dollars per ounce and from 2609 to 2610 to 2618 to 2619 dollars. In the global market today, the price of gold fell by Rs 700 per 10 grams in the jewelery market of Ahmedabad, the price of 99.50 became Rs 77300 and the price of 99.90 became Rs 77500, while the price of silver fell by Rs 500 per kg in Ahmedabad to Rs 90 thousand. was done
In the global market, behind gold, silver prices ranged from 30.40 to 30.41 to 30.53 to 30.54 and ranged from a low of 31.19 to 31.20 an ounce.
Meanwhile, global platinum prices eased from $965 to $966 to $947 to $948 to $949 an ounce. Palladium prices ranged from 1017 to 1018, with a minimum of $1013 and a maximum of $1034 to 1025 to 1026. Global copper prices fell 1.03 percent.
Meanwhile, gold prices today stood at Rs 99.50 at Rs 75,422 without GST, at Rs 74,709 without GST and at Rs 99.90 at Rs 75,009 at Rs 88661. Gold and silver prices in Mumbai were 3 percent more than this price including GST.
The sharp fall in crude oil prices in the world market had a negative impact on global gold prices, while the fall in global copper led to a greater fall in silver in the world market. Now the market was eyeing China's new incentives. In the world market, Brent crude oil was priced at a low of 76.50 to 77.14 dollars per barrel at a high of 79.67 dollars, while the price of US crude oil was at a low of 75.74 dollars and the price ranged from 72.85 dollars to 73.05 dollars a barrel.
Meanwhile, the American Petroleum Institute said that crude oil reserves in America have increased by 109 million barrels. Experts were expecting this stock to increase by 19 to 20 lakh barrels, but instead an increase in the stock of 109 lakh barrels was announced and its effect was seen on global prices.