look news india
Ahmedabad, Mumbai: Although gold has reached the level of $ 50 in the global markets today, gold reached a record high of Rs 75,000 in the gold-silver market of Ahmedabad. Today the price of silver fell by Rs 1000 per kg in Ahmedabad market and reached Rs 82 thousand. However, in Ahmedabad, gold prices rose by Rs 500 to Rs 99.50 per 10 gram at Rs 74,800 and Rs 99.90 per 10 gram at Rs 75,000.
Due to Saturday, the bullion market in Mumbai's jewelery market was officially closed today. However, in the closed market, gold and silver prices witnessed a sharp decline from the peak trailing the global market. As the global dollar index rose and bond yields also rose in the world market, there was news of increase in sales of gold-headed funds in the world market.
The price of gold in the world market, which was rising above Rs 2400 per ounce, fell from Rs 2333 to Rs 2334 in no time. Finally at the end of the week the news came that the price went from 2344 to 2345 dollars. Following gold, the global price of silver also fell from 29.08 to 29.09 to 27.85 per ounce and finally the price to 27.87 to 27.88 dollars.
In Mumbai bullion market today, gold prices were trading at Rs 72881 at 99.50, Rs 72100 at 99.90 and Rs 73174 at 99.90, while silver prices in Mumbai were trading at Rs 83819 and Rs 82700 without GST. Gold and silver prices in Mumbai were 3 percent more than this price including GST.
Meanwhile, due to increase in dollar index in the world market, market sources say that today the price of dollar increased by Rs 83.42 against the rupee in Mumbai currency market and is speaking around Rs 83.62 to 83.63. The price of platinum in the world market fell from 1003 to 1004 per ounce to 974 per ounce and finally the price became 976 to 977 dollars. Palladium prices ranged from a low of $1070 to $1071 at $1047 to a high of $1052 to $1053. Global copper prices also declined from higher levels.
Crude oil prices in the world market also retreated from their highs. The price of Brent crude fell from 91.22 to 90.01 per barrel and finally the price became 90.45 dollars. While the price of US crude was 85.25 to 85.86 dollars with a low of 86.52. This week's rise in global dollar prices was the largest in more than a year and a half. World market players were now keeping an eye on the increasing conflict between Israel and Iran.