look news india
Mumbai: The bullion market was officially closed today due to Saturday in Mumbai's jewellery market. However, the price of gold and silver in the closed market lagged behind the global market. As the global index of the dollar rose against various major currencies in the world market and the bond yield also increased, there was talk of selling of funds due to the rise in gold in the world market. The price of gold in the global market fell from 2365 to 2336 per ounce to 2319 to 2320 per ounce and was at 2326 to 2327 dollars at the end of the week.
Gold prices in Ahmedabad's jewellery market today fell by Rs 300 to Rs 99.50 from 73700 and Rs 73900 to 99.90 from 99.50, following the global market. The price of silver in Ahmedabad remained at Rs 90 thousand per kg. Silver prices lagged behind gold in the global market. Global silver prices fell from 29.42 to 29.43 per ounce to 28.77 to 28.78 per ounce, prices remained in the range of 29.14 to 29.15 dollars.
Meanwhile, the price of gold at the Mumbai bullion market today stood at Rs 71,375 at 99.50, Rs 71,547 and Rs 71,675 at 99.90 per litre, while the price of silver in Mumbai stood at Rs 87,500, Rs 88,000 at 99.50 and Rs 88,000, today without GST. The price of gold and silver in Mumbai was 3 per cent higher than these prices including GST.
The price of dollar in Mumbai currency market today rose from Rs 83.38 to Rs 83.42 against rupee due to increase in dollar index in the world market. Meanwhile, platinum prices in the global market fell from 1014 to 1015 per ounce to a low of 987 to 988 and to 996 to 997 dollars.
Palladium price rose from 973 to 974 per ounce but eased to a high of 987 to 988 and finally settled at $996 to $997. Global copper prices were last up 0.99 per cent. Meanwhile, crude oil prices in the global market witnessed a decline from the highs. Brent crude prices touched a low of 84.52 per barrel from 86.78 and last stood at $85.00. US crude oil price fell from 82.06 to 80.97 and last price was at $81.54.