look news india
Ahmedabad, Mumbai: Today the price of silver increased by Rs 1500 per kg to Rs 93000 in Ahmedabad gold and silver market. Mumbai jewelery market witnessed a new surge and a new high today as silver prices continued their record breaking rise. However, today while silver remained bullish, gold prices witnessed a rise.
In Ahmedabad, gold fell by Rs 400 to Rs 99.50 per 10 grams and Rs 99.90 per 10 grams. However, in the world market, gold prices were at 2427-2428 dollars an ounce from 2433 to 2427 dollars after falling to 2406 from 2419-2420 an ounce. Global silver prices ranged between $31.36 to $31.37, low of $31.07 and high of $32.50 and $31.79 to $31.80 an ounce.
Copper prices rose by 1.70 to 1.75 percent in the world market today, which had a positive impact on global silver prices, while global crude oil prices fell sharply today, which had a negative impact on global gold prices.
New demand for crude oil remained sluggish. After the death of Iran's President in an accident and the health of Saudi Arabia's King also deteriorating, players were keeping an eye on new developments in the market. Brent crude prices ranged from $82.10 to $82.16 a barrel, hitting a high of $83.52.
US crude prices were at $78.25 to $78.31 from a low of $79.55. Global platinum prices ranged from $1059 to $1060 an ounce to $1031 to $1052 to $1053. Palladium prices ranged from $1033 to $1024 to $1025 with highs at $1005 to $1006. Today, due to fall in dollar against rupee in Mumbai currency market, its impact on gold prices in jewelery market was seen mild.
