Mumbai: Gold prices rose in Mumbai's jewellery market today. While silver prices fell, the market witnessed a mixed trend. There was news in the world market that the price of gold has increased. Globally, gold prices remained between 2,444 to 2,445 to 2,476 to 2,466 to 2,467 dollars per ounce. In the world market, due to increasing tensions between Israel and Hamas, Iran, Palestine in the Middle East and Russia and Ukraine, the buying of funds in global gold increased.
Today, the price of gold in the jewellery market rose due to the increase in domestic import cost due to the rise in the global market. In the jewellery market of Ahmedabad, the price of gold increased by Rs 500 per 10 grams from 99.50 to Rs 72800 and from 73000 to Rs 99.90.
However, Ahmedabad silver price today fell by Rs 1000 per kg to Rs 81000. In the global market, the price of silver was $ 27.62 to $ 27.70, down to $ 27.92 to $ 27.93 and then high to $ 28.04 per ounce. The domestic silver market jumped against the world market as there were more sellers and fewer buyers.
Meanwhile, platinum prices in the world market were at $944 to $938 followed by $933 to $935 to $936 an ounce. Palladium prices rose again from $934 to $915 to $930 to $931.
Global copper prices were down 0.65 per cent this evening. Meanwhile, global crude oil prices fell again after rising. Brent crude was at $81.84 a barrel after hitting a high of $80.54 to $82.30. US crude was at $77.87 after rising from $80.15 to $79.79. New demand growth remained slow.
Meanwhile, gold prices in the Mumbai bullion market rose from Rs 69,610 to Rs 70,162 at Rs 99.50, while gold prices without GST rose from Rs 69,890 to Rs 70,444 at Rs 99.90. Mumbai silver prices fell from Rs 81,124 to Rs 80,598 excluding GST and last closed at Rs 80,702. Gold and silver prices in Mumbai were 3 per cent higher than these prices including GST.