Sunday , November 24 2024

Four percent decline in crude oil

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Mumbai: A sharp variation was recorded in the prices of crude oil in the world market today. After initial decline, gold and silver prices increased again in Mumbai jewelery market today. In the world market, the price of gold was between 2650 to 2651 dollars an ounce, with a low of 2638 dollars and a high of 2657 to 2654 to 2655 dollars an ounce.

In Mumbai bullion market today, the price of gold without GST at 99.50 increased from Rs 75,697 to Rs 75,626, while the price of gold at 99.90 increased from Rs 76,001 to Rs 75,687 to Rs 75,930. Mumbai Silver prices rose again, after opening at Rs 89578 in the morning, closed at Rs 9026 per kg without GST and finally closed at Rs 89800.

Gold and silver prices in Mumbai were 3 percent more than this price including GST. In the global market, silver prices ranged from 31.20 to 31.21 to 30.76 to 31.31 to 31.19 to 31.20 dollars an ounce.

However, crude oil prices fell sharply in the world market today. New demand remained slow. The prices given by OPEC indicate that demand will remain low. Brent crude prices fell 77.50 per barrel to $64.61 from $73.34. While the price of US crude was $ 69.71 to $ 70.88 with a low of 73.92. Global copper prices fell 1.18 per cent today, platinum fell to $986 from $985, while palladium fell to $1016 from $1015. Which was 1041 to 1042 dollars on Monday.

Meanwhile, gold prices in Ahmedabad jewelery markets today stood 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 91500. New incentives will be given for the construction and housing sector in China on Thursday and for this, a meeting is also reported to be held there on Thursday.