Mumbai: The record rise in gold and silver prices came to a halt in Mumbai's jewelery market today and a fall from the peak was seen. Bullish selling was visible in world market news. The country's jewelery market remained profitable today due to the decline in the world market and low import cost of precious metals at the domestic level and no new demand at a high level.
In the world market, the price of gold was 2750 to 2751 per ounce, the highest price was 2741 to 2739 to 2740 dollars and the lowest price was 2715 per ounce. In the domestic market, lagging behind the world market, today the price of gold in Ahmedabad jewelery market fell by Rs 500 from Rs 99.50 to Rs 80800 to Rs 99.90 and from Rs 81000 to Rs 99.90.
Whereas in Ahmedabad the price of silver decreased by Rs 1000 per kg to Rs 98000. Ahmedabad silver prices fell by Rs 2000 in two days. In the global market today, behind gold, the price of silver rose from 34.50 to 34.51 to 33.63 dollars an ounce, then from 34.29 to 34.05 to 34.06 dollars an ounce.
However, global dollar prices rose 0.78 per cent today on news that global platinum prices touched a low of 1020 at $1034 to 1035 and a high of 1044 at $1035 to 1036 an ounce. Palladium price ranged from 1071 to 1072 low, 1066 and 1166 high from 1128 to 1129 dollars.
Meanwhile, in the Mumbai bullion market today, gold prices without GST rose from Rs 78,377 to Rs 77,848 to Rs 77,933 at 99.50, while gold prices rose from Rs 78,692 to Rs 78,245 at 99.90.
Mumbai silver prices rose from Rs 98,862 to Rs 97,420 to Rs 97,493 without GST. Gold and silver prices in Mumbai were 3 percent more than this price including GST. Meanwhile, one-sided fluctuations were seen in the price of crude oil in the world market.
It was reported that Brent crude prices closed at $ 75.09 to $ 75.48 per barrel after reaching a high of 76.54 per barrel at 74.73. There was news that the stock of crude has increased in America. US crude prices ranged from $72.34 to $71.31, hitting a high of $70.41.