look news india
Mumbai: Gold and silver prices in Mumbai's jewellery market today fell sharply after opening at a higher level initially and market players were shocked by the huge fluctuations in prices. There was a big jump in prices in the news of the world market as well. And its effect was seen on the domestic jewellery markets.
Gold prices in global markets were indicated to be in the range of $2314-2315-2320-2321 after hitting a high of $2387-2388 an ounce. Domestically, gold prices fell by Rs 300 to Rs 99.50 to Rs 74300 and Rs 74500 to Rs 99.90 per 10 gram in Ahmedabad jewellery market.
Ahmedabad Silver prices remained at a peak of 92 thousand per kilogram. After gold, the price of other precious metals also witnessed a lot of fluctuation in the global market. Global silver prices remained in the range of 30.17 to 30.18 dollars and highest in the range of 31.53 to 31.54 dollars per ounce, followed by lower in the range of 29.77 to 29.78 to 29.99 to 30.00 dollars per ounce.
According to the news coming from the world market, new purchase of gold by China has been stopped immediately and its effect has been seen on the world market.
Meanwhile, the data on job growth in the US was expected to be 185,000 instead of 2,72,000. Actually, this data showed strength in the job market and due to this, the possibility of further reduction in interest rates was expressed, which also had an effect. Gold prices got mixed today However, it was also reported that the unemployment rate increased from 3.90 to 4.00 percent.
Platinum prices in the world market were 998 to 999 high 1012 and low 981 to 987 to 988 dollars per ounce. Palladium prices were 932 to 933 high 938 and 913 low 919 to 920 dollars Global copper prices fell 2.58 per cent today. In Mumbai Bullion Market today, gold price without GST closed at Rs 72,466, closed at Rs 72,741, closed at Rs 71,625 while 99.90 gold price closed at Rs 73,033, closed at Rs 72,757, closed at Rs 71,913. Mumbai Silver prices without GST closed at Rs 90,407, closed at Rs 90,535, closed at Rs 92,375.
Brent crude prices in the world market were at a high of 79.10 per barrel from 80.37 to 80.19 dollars. Crude oil prices rose due to improvement in China's import-export data.
Meanwhile, the rupee rose by 10 paise to Rs 83.38 against the dollar in Mumbai currency markets today. The rupee gained today due to the rise in the stock market.