look news india
Mumbai: Gold and silver prices again rose in Mumbai jewelery market today. World market news was bullish again. As the tension between Iran and Israel increased, purchases of gold by funds in the world market increased again. Globally, gold prices today ranged from 2344 to 2345, 2371 to 2372 to 2356 to 2357 dollars an ounce.
Behind gold, global silver prices also rose to $27.88 an ounce from $28.61 to $28.62 from $28.47 to $28.48 an ounce. Trailing the global market, domestic prices were also seen rising again due to rising import costs.
Today the price of silver increased by Rs 1000 per kg to Rs 83 thousand in Ahmedabad market. In Ahmedabad, gold prices stood at Rs 74,800 at 99.50 per 10 grams and Rs 75,000 at 99.90 per gram. The bounce was palpable. However, at the upper end, new business was slow.
Meanwhile, at the Mumbai bullion market, gold prices excluding GST stood at Rs 99.50, Rs 72,521 at Rs 72,100 and Rs 99.90 at Rs 72,813, at Rs 72,350. Mumbai Silver prices rose from Rs 82,700 to Rs 83,506 to Rs 83,452 without GST. Gold and silver prices in Mumbai were 3 percent more than this price including GST.
Meanwhile, global copper prices rose 1.67 percent today. However, global platinum prices fell from 976 to 977 to 964 to 968 to 969 dollars an ounce. Palladium prices ranged from $1052 to $1053 low and ranged from $1024 to $1036. As global copper prices increased, it had a positive impact on global silver prices.
Despite the war situation, the market was surprised to see crude oil prices falling from high in the world market today. New demand remained slow. Global Brent crude prices fell to $89.21 a barrel from $90.45, while US crude prices fell to $84.90 a barrel from $85.86, down from $84.33. As tensions between Iran and Israel increased, there was news of China raising questions on crude oil imported from Iran.