
Ahmedabad: Gold and silver prices, which are considered safe investment from expecting interest rates based on positive data of inflation in the US, have jumped. Globally on Comex gained more than half a per cent, while the dollar weakness also strengthened the Indian local currency.
Globally, gold increased from $ 2,920 to $ 2,948 an ounce on Thursday. In the 24 February session, the price of gold reached an all -time high of $ 2,956.15. If you look at the comex silver, it has increased from $ 33.15 an ounce to $ 33.19.
However, in today’s session, Platinum has fallen from $ 989 to $ 976 on Wednesday, while Paldium has risen from $ 946 to $ 950.
If we look at the local market, 99.5 gold 89,100 and 99.9 gold was said to be 89,400 per 10 grams in Ahmedabad. The price of hallmark gold in Ahmedabad was 87,610 per weighing. Silver in Ahmedabad was Rs 98,000 per kg.
The price of 99.9 purity in Mumbai is Rs 86,843 per 10 grams, while the price of 99.5 purity is Rs 86,843 per 10 grams. 86,495 spoke. The price of silver in the financial capital was Rs 98,322 per kg.
Looking at the oil market, Brent crude in the international market was trading at $ 70.70 per barrel and Nimex at $ 67.41 per barrel. In India, crude oil on MCX was trading at Rs 5,866 per barrel with a decline of 0.70 percent.
Rapist in money market
After positive US inflation figures, the US dollar saw a slight weakness before the data of today’s PPI and weekly unemployment claims. The US dollar index fell to 103.80.
The Indian currency rupee strengthened by 21 paise today due to the weakening of the dollar. The rupee closed at 87.00 at the end of the business.
Foreign exchange price
Dollar Rupee. 87
pound Rupee. 112.76
Euro Rupee. 94.66
Yen Rupee. 0.59
look news india