look news india
Mumbai: The price of gold in the country’s jewelery markets reached a record level today due to increasing import cost in the global market. A new height of Rs 83500 per 10 grams was seen in gold prices in Ahmedabad market. Today, gold prices in the world market are reported to be the highest level of $ 2767 to 2756 to 2745 per ounce in the world market.
Behind gold, global silver prices also increased from 30.15 to 30.16 an ounce to 30.54 to 30.46 to 30.47 to $ 30.47 an ounce. Meanwhile, behind the global market, the price of gold increased by Rs 500 per 10 grams to Rs 83300 per 99.50 and silver from Rs 500 per kg in the Ahmedabad jewelery market today to Rs 91000 per kg.
In Mumbai’s jewelery market today, the price of gold increased again by digging a shock and reached a new height. There was also a boom in silver. The news of the world market was fast. In Mumbai today, without GST, the price of gold was at Rs 99.50 at Rs 79991 at Rs 80651 and Rs 80313 at Rs 99.90 at Rs 80975.
Mumbai silver prices increased from Rs 89,750 to Rs 90,680 without GST. Platinum in the world market was priced at $ 946 to $ 947 an ounce, the minimum level was $ 940 and the highest level was $ 950, while the Paladium was priced at the lowest level 949 and the highest level was 961. Dollar 957 to 958 dollars.
Meanwhile, global copper prices were more than 0.08 percent today. Crude oil prices continue to fall in the world market. The American Petroleum Institute said that crude oil reserves in the US have increased by 26 to 27 lakh barrels. Gasoline reserves were reported to increase 18 to 19 lakh barrels.
Now the market is eyeing the meeting of OPEC, an organization of various producing countries of Kurdistan on Monday. Meanwhile, in the global market today, Brent crude oil prices fell from $ 77.69 to $ 76.59 to $ 76.90 per barrel. It was reported that the price of American crude was at $ 73.93 from 73.60 to $ 73.30.
India’s gold imports in December were around 50 tonnes and for the entire year of 2024, such imports were around 800 tonnes. Market sources said that the revenue of gold smuggling in the country fell after a significant deduction in import duty on gold in budget 2024 by the Finance Minister, while official imports increased.
Now this year’s budget will be released on Saturday and the market players are eyeing whether any change is announced on the import duty of gold.