look news india
Mumbai: A rise in gold prices was seen in the jewelery market of Mumbai today. Silver prices also increased. There was a new rise in the jewelery markets of the country today due to the price of gold in the world market rising above the level of $ 2700 per ounce and the increase in domestic import costs.
Jewelers were surprised as the price of gold jumped by Rs 2000 per 10 grams to Rs 80 thousand in the jewelery market of Ahmedabad today and seasonal wedding customers were also surprised. Meanwhile, according to market insiders, India’s gold imports declined by nearly 30 per cent to around 82 to 87 tonnes in October, compared to 121 to 122 tonnes in October last year.
Meanwhile, the price of gold in Ahmedabad jewelery market today increased by Rs 2,000 to Rs 80,300 for 10 grams and Rs 80,500 for 99.90 grams. Whereas the price of silver in Ahmedabad was Rs 9100 per kg. In the world market, the price of gold increased from 2667 to 2668 per ounce and from 2708 to 2709 dollars to 2699 to 2700 dollars. Funds have been active buyers of global gold amid rising tensions over the Russia-Russia Ukraine war. Behind gold, global silver prices rose from $31.05 to $31.06 to $31.40 to $31.41 from $31.29 to $31.30 an ounce.
In Mumbai bullion market today, the price of gold without GST increased from Rs 99.50 to Rs 77475, to Rs 76624 and from Rs 77787 to Rs 99.50. Whereas in Mumbai the price of silver increased from Rs 90,317 to Rs 90,850 without GST. Gold and silver prices in Mumbai were 3 percent more than this price including GST.
The price of platinum in the world market was 965 to 961 dollars with 959 to 960 per ounce. Palladium prices ranged from $1046 to $1047 and $1016 to $1017 with highs ranging from $1026 to $1027. Globally, copper prices have fallen by a quarter percent.
Crude oil prices in the world market today declined from high prices. The price of Brent crude increased from 74.20 to 73.64 to 73.80 dollars per barrel. While the price of US crude was at a low of 70.19, ranging from 69.49 to 69.55 dollars. New demand remained slow. The market was eyeing the possibility of a Russia-Ukraine war. As the global dollar appreciated, its impact was seen negatively on crude oil and copper.
