look news india
Mumbai: Gold and silver prices fell in Mumbai's jewelery market today. There is news of decline in the world market that after today's high level of 2659 to 2660 per ounce, the price of gold in the world market has come down to 2639 to 2640 to 2641 dollars. Due to the rise in gold prices in the world market, there was profitable selling of funds.
Meanwhile, gold prices in Mumbai bullion market today rose from Rs 75,283 to Rs 75,629 and Rs 75,700 per 10 gram without GST at 99.50 per 10 gram. Whereas the price of Rs 99.90 became Rs 75586 and the price of Rs 76000 became Rs 75933. Mumbai silver prices rose from Rs 92,500 per kg to Rs 91,684 to Rs 91,940 without GST.
Gold and silver prices in Mumbai were 3 percent more than this price including GST. In the global market, silver prices ranged from $31.48 to $31.53 to $31.54, trailing gold to a low of $32.19 to 32.20 an ounce.
Meanwhile, at the Ahmedabad jewelery market, gold prices were at Rs 99.50 at Rs 78,300 and Rs 99.90 at Rs 78,500. Whereas the price of silver in Ahmedabad was Rs 92000. The price of platinum in the world market ranged from 992 to 993 to 977 to 978 to 979 dollars per ounce. Palladium prices were at Rs 1010-1011 till Rs 1099 from the low of Rs 1013-1014. Global copper prices fell by 0.45 percent today.
China's markets are scheduled to reopen on Tuesday after a week's closure and will be closely watched by global commodity markets. Meanwhile, the rise in crude oil in the global market continued even today. The impact of war and storm was seen on the market.
Brent crude prices ranged from a high of $78.05 to $79.94 to $78.87 while YPS crude prices ranged from a high of $74.38 to $76.47 to $75.23. China's new hold on world gold has remained stagnant for the last five consecutive months. There was news that China had stopped such purchases in September also.