look news india
Mumbai: Gold and silver prices continued to fall in the Mumbai jewellery market today. New demand remained slow. However, news from the world market was showing a two-way surge in prices. There were signs of a rapid recovery after the fall in prices in the world market. The price of gold in the world market was once 2503 to 2504 per ounce, after the price fell to 2484 per ounce, the price again increased to 2501 to 2502 dollars.
The global silver price of melted gold was at $29.48 to $29.42 to $29.43, high to $29.65 to $29.66, low to $28.94 per ounce. Global gold markets are showing signs of increased buying by global gold-short funds due to the fall in the dollar index and bond yields.
Meanwhile, in Ahmedabad jewellery market today, the price of silver per kg fell by Rs. 500 to Rs. 84000 while the price of gold per 10 grams at 99.50 was Rs. 73800 and Rs. 99.90 remained at Rs. 74000. In Mumbai bullion market, the price of gold without GST was Rs. 99.50. Opened at Rs. 71312, Rs. 71039. Closed at Rs. 71138 while the rate was Rs. 99.50. Price Rs. 71599. Decreased from Rs. 71325 to Rs. 71424. In Mumbai, the price of silver excluding GST was Rs. 84820. The price of gold was Rs. 84072 to Rs. 84615. In Mumbai, the price of gold and silver was 3% higher than this price including GST.
Meanwhile, there is news of an increase in unemployment claims in the US. After the shock, as soon as the price of crude oil increased in the world market, its effect was seen positively on the global gold price. The price of Brent crude oil in the world market today increased from 76.33 to $ 78.39 per barrel, while the price of US crude oil increased from 72.14 to 74.52 to 74.36 dollars.
In the global market today, platinum prices were in the lower range of 957 to 958 per ounce and 946 to 947 to 948 dollars. Palladium prices were in the higher range of 943 to 944 and 930 to 937 to 938 dollars. Global copper prices were up by 0.59 percent today.
