look news india
Mumbai: The upward trend in gold and silver prices in Mumbai's jewellery market today came to a halt and prices saw a counter fall. The world market news was showing a rapid decline from the top. On the back of the world market, domestic jewellery markets were higher today with new demand, and the mindset was to sell profitably. Gold prices in the Ahmedabad jewellery market today fell by Rs 500 per 10 grams to Rs 73,800 per 99.50 and Rs 74,000 per 99.90 grams, while Ahmedabad silver prices rose by Rs 1,000 to Rs 84,500 per kg.
Meanwhile, in the world market today, gold prices remained low at 2525 to 2526 from 2504 to 2511 to 2512 dollars per ounce. Behind gold, global silver prices also fell from 29.81 to 29.33 to 29.59 to 29.60 dollars per ounce. In the global market, as the global dollar index rose and bond yields also rose, selling by high-headed funds in global gold increased today.
Meanwhile, the price of gold in Mumbai bullion market today stood at Rs 71,432, Rs 71,657 at 99.50 and Rs 71,719, Rs 71,945 at 99.90, while the price of silver in Mumbai stood at Rs 84,890, Rs 84,913 and Rs 85,321. The price of gold and silver in Mumbai was 3 percent higher than this price including GST, without GST.
Meanwhile, platinum prices in the world market however rose to 974 from 965 to 969 to 970 dollars. Palladium prices were at 949 to 967 to 966 dollars. Global copper prices were up by 0.58 percent today. However, crude oil prices remained soft in the world market.
Brent crude prices were at $77.78 a barrel, down from $76.95 to $77.45 a barrel. US crude prices were at $73.50 to $74.04 from a low of 74.32. The American Petroleum Institute said crude oil reserves in the US have increased by 3 lakh 47 thousand barrels.
