Sunday , November 24 2024

Crude oil exports from Russia fall to three-month low

Mumbai: Gold prices rose in the Mumbai jewelry market today. While silver remained soft. In the world market, the price of gold was at 2326 to 2327, high at 2337 and low at 2322 to 2325 to 2326 dollars per ounce. In the domestic market, the price of gold in Ahmedabad jewelry market rose by Rs 200 per 10 gram to Rs 99.50 to Rs 74,100 and the price of silver in Ahmedabad rose by Rs 99.90 per 10 gram while the price of silver fell by Rs 250 to Rs 91,250 per kg.

In the global market, the price of silver was at $29.54 to $29.55, high at $29.67 and low at $29.25 to $29.60 to $29.61. In Mumbai bullion market today, the price of gold without GST at 99.50 was Rs 1452 at Rs 71328 and gold at 99.90 was Rs 71739 at Rs 71615. In Mumbai silver price increased from Rs 88,671 to Rs 88,486 without GST to Rs 88,515. The price of gold and silver in Mumbai was 3% higher than this price including GST.

Meanwhile, platinum prices in the global market were in the low range of 990 to 991 to 992 dollars per ounce from 1002. While palladium prices were in the low range of 995 to 959 dollars per ounce from 970 to 971 dollars.

Global copper prices were down by 0.60 percent today. Meanwhile, there were indications that crude oil prices may rise again in the world market today. Crude oil exports from Russia have fallen to a 3-month low. There was talk of slowing down operations at ports.

In the world market, the price of Brent crude oil was at a high of 85.33 per barrel from 86.23 to 85.61 dollars, while the price of US crude oil rose from 80.82 to 81.90 to 81.19 dollars. There was news that inflation has increased in Canada. Due to this, the expected reduction in interest rates in July will be delayed.