Mumbai: Gold and silver prices rose in Mumbai Jewellery Market today. The rise in gold continued. When the price of silver increased again after digesting the shock, the price of gold in the world market increased from 2319 to 2320 per ounce to 2330 to 2331 dollars per ounce. As the world market rose, the rise continued at the domestic level as well, which increased the import cost.
Following global market reports that US inflation growth was lower than expected at 3.30 per cent, global gold prices rose by .85 to $29.86 amid talk of fund inflows amid a drop in bond yields and the dollar index.
Meanwhile, gold prices in Ahmedabad jewellery market today stood at Rs 73,800 at 99.50 per 10 gram and Rs 74,000 at 99.90 per gram. Silver prices in Ahmedabad rose by Rs 1000 to Rs 91000 per kg.
Meanwhile, gold prices in Ahmedabad jewellery market today stood at Rs 73,800 at 99.50 per 10 gram and Rs 74,000 at 99.90 per gram. Silver prices in Ahmedabad rose by Rs 1000 to Rs 91000 per kg.
Meanwhile, the prices of platinum in the world market rose from 960 to 969 dollars while the prices of palladium rose from 890 to 910 to 911 dollars. The global prices of copper were up by more than 0.60 percent today. The prices of crude oil also rose in the world market.
Brent crude rose 81.47 to $82.94 a barrel, while US crude rose 77.53 to $78.85 a barrel from $78.98. Meanwhile, the price of gold at 99.50 rose from Rs 71,159 to Rs 71,293 in the Mumbai bullion market today, while the price of gold at 99.90 rose from Rs 71,600 to Rs 71,580 and Rs 71,445.
MUMBAI Silver price rose from Rs 87,708 to Rs 88,257 from Rs 88,192 without GST. Gold and silver prices in Mumbai were 3 per cent higher than these prices including GST. The dollar price stopped rising against the rupee today and fell by five paise to Rs 83.54 from Rs 83.51 in the Mumbai currency market. However, the price of the British pound rose by 15 paise to Rs 106.57 from Rs 106.63.
The value of the European currency Euro fell by two paise to Rs 89.94. The global dollar index fell by 0.03 percent to 105.20 today. The Japanese currency weakened by 0.17 percent in the Mumbai market. While the Chinese currency weakened by 0.03 percent. As soon as the stock market rose again, the rupee stopped falling against the dollar and rose again today.