look news india
Mumbai: Gold and silver prices rose in Mumbai's jewelery market today. The country's jewelery markets again witnessed a rise today due to increase in domestic import costs along with the rise in the world market. Fund purchases of gold in the global market increased again. There was talk of a ceasefire between Israel and Hamas-Palestine.
Meanwhile, gold prices in the world market ranged from $2,301 to a high of $2,324 to $2,177 an ounce. Trailing the world market, gold rose by Rs 500 per 10 gram to Rs 73800 from Rs 99.50 and to Rs 74000 from Rs 99.90.
Ahmedabad silver price increased by Rs 1000 per kg and was quoted at Rs 82 thousand. Silver prices in Ahmedabad market increased by Rs 2000 in two days. Meanwhile, there are indications that Ahmedabad jewelery market will remain closed on Tuesday (today) in view of Gujarat elections. After gold in the global market, today the price of silver also increased from 26.55 per ounce to 27.20 to 27.10 to 27.11 dollars per ounce.
The price of platinum in the world market ranged from 957 to 970 to 963 to 964 dollars. Whereas the price of palladium was from 944 to 972 to 961 to 962 dollars. Global copper prices rose 1.43 percent today. Crude oil prices in the global market also increased again after absorbing the shock, its positive effect was seen on global gold prices. While the rise in global silver prices was supported by rise in global copper prices.
There is a possibility of Saudi Arabia increasing the prices of crude oil. In the world market, Brent crude prices rose by 82.96 per barrel from $83.83 to $83.52, while US crude prices rose by 78.11 per barrel from $79.09 to $78.76.
In Mumbai bullion market today, the price of gold without GST was Rs 99.50, Rs 71528, Rs 71000 and Rs 99.90, Rs 71250. Mumbai silver prices without GST ranged from Rs 79975 to Rs 81292.