look news india
Mumbai: Gold prices continued to fall in the Mumbai jewellery market today. The trend of reduction in gold prices in the country's jewellery markets, which started on Tuesday due to the reduction in import duty in the budget, continued today as well. However, there were indications of increase in prices in the world market due to reduction in duty in India.
Gold prices today fell by Rs 500 per 10 grams to Rs 99.50 from 71800 and Rs 7200 from 99.90 in the jewellery market of Ahmedabad. However, silver prices remained stable in Ahmedabad and fell by more than Rs 86,000 per kg. Meanwhile, the price of gold in the world market today rose from 2403 to 2404 per ounce, the price in the world market indicated to be 2420 from 2418 to 2419 dollars, in addition to the fall in the dollar index and bond yield in the world market, there was talk that due to the reduction in duty, the buying of funds in gold in the world market has increased today.
Meanwhile, following gold in the global market, the price of silver also rose from 29.39 to 29.27 to 29.28 to reach a high of 28.99 per ounce. Meanwhile, in Mumbai bullion market today, the price of gold stood at Rs 68,874 at 99.50 against Rs 69,323 without GST. The price of 99.90 was Rs 69602 and Rs 69151.
Mumbai Silver prices rose from Rs 84,919 to Rs 84,862 without GST. Gold and silver prices in Mumbai were 3 per cent higher than this price including GST.
Meanwhile, platinum prices in the global market rose from 949 to 965 to 963 to 964 dollars. Palladium prices rose from 913 to 945 to 942 to 943 dollars. However, global copper prices remained soft by 0.55 percent. Meanwhile, crude oil prices rose in the world market today.
The American Petroleum Institute said that the crude oil reserves in America have decreased by 39 lakh barrels. The stock of gasoline there has also decreased. Meanwhile, the price of Brent crude oil in the world market today increased from $ 81.65 per barrel to $ 81.70 per barrel. While the price of American crude increased from 77.56 to $ 78.03 to $ 77.72.