look news india
Mumbai: In Mumbai's jewellery market today, the rise in gold and silver prices stopped and remained on a decline against the global market. New demand slowed down. Due to the fall in domestic import cost due to the global market retreating from the peak, there were more sellers and fewer buyers in the country's jewellery market today. In Ahmedabad's jewellery market today, the price of gold fell by Rs 400 per 10 grams to Rs 99.50 and silver fell by Rs 99.90 per 10 grams to Rs 76300.
Ahmedabad Silver price was Rs 93500 per kg. Gold prices in the world market were indicated to be at $ 2457 to $ 2464 to $ 2465 per ounce from the low of 2475 to 2476 per ounce.
In the global market, global gold prices witnessed a jump today on fund selling as the global dollar index stopped falling and rebounded from a four-month low and bond yields also rose.
Meanwhile, silver prices also fell from 30.95 to 30.18 to 30.36 to 30.37 dollars per ounce in the global market, following gold. Platinum prices fell from $992 to $994 to $1023 an ounce, while palladium prices fell from 972 to $946 to $948 an ounce. Copper prices fell by 2.26 percent globally today, which had a negative impact on silver prices.
Gold prices today in Mumbai Bullion Market were at Rs 73,900 at Rs 73,900 and silver at Rs 73,979 at Rs 99.90 while silver prices in Mumbai were at Rs 9,200 at Rs 91,555 without GST.
Gold and silver prices in Mumbai were three percent higher than this price including GST. Meanwhile, crude oil prices remained soft after rising globally.
In the US, crude oil reserves fell by 4.9 million barrels, while gasoline reserves increased by 3.3 million barrels. In the world market, the price of Brent crude oil was at a high of $84.18 per barrel, ranging from $85.81 to $84.85.
Meanwhile, the global dollar index reached 103.85 today. In the Mumbai currency market, the price of the dollar against the rupee rose by Rs 83.58 to Rs 83.66 and closed at Rs 83.64. Despite the record rise in the stock market, experts are surprised by the weakening of the rupee against the dollar in the currency market today.