look news india
Mumbai: Gold and silver prices continued to fall in Mumbai jewelery market today. World market news was indicating a retreat. Domestic prices remained under pressure due to decline in world markets.
However, market insiders said that even as the rupee depreciated and the dollar gained in the Mumbai currency market, the fall in gold and silver prices in the jewelery market was limited. In the global market, the global dollar index rose, leading to selling of funds in global gold.
Meanwhile, gold prices fell by Rs 300 to Rs 78,500 per 10 gram from Rs 99.50 and Rs 78,700 to Rs 99.90 per 10 gram in Ahmedabad jewelery market today. Ahmedabad silver prices fell by Rs 1000 to Rs 88500 per kg. In the global market, gold prices ranged from 2622 to 2641 to 2642 dollars and a low of 2643 to 2644 per ounce.
Behind gold, global silver prices were down $30.05 to $30.41 an ounce at $30.42 an ounce from $30.62 to $30.63 an ounce. However, global crude oil prices rose. Crude prices in the US were between $68.94 and $68.75 per barrel. While Brent crude prices ranged from $72.80 to $72.69, hitting a high of $71.84. However, global copper prices remained soft by 0.16 per cent.
Meanwhile, at the Mumbai bullion market today, gold prices rose from Rs 76,200 to Rs 75,563, while at 99.90, gold prices rose from Rs 75,867 to Rs 76,308. Mumbai Silver prices today rose from Rs 89150 to Rs 88051 to Rs 88611 without GST.
Today in the world market the price of platinum ranged from 949 to 950 to 938 to 946 to 947 dollars per ounce. Palladium prices ranged from a low of $983 to $984 and a high of $967 to a high of $980 to $981. There was talk that the Central Bank of Poland has increased the purchase of gold in the world market and according to an estimate, there was talk that Poland has bought about 100 tons of gold in a very short time.
