look news india
Mumbai: Mumbai jewelery market witnessed heavy fall today in response to rise in gold and silver prices. Gold and silver prices fell sharply today due to lower import cost of precious metals in the jewelery market due to the global market slipping and the rupee rising from below the domestic currency market.
In the jewelery market of Ahmedabad, the price of 10 grams of gold was Rs 1200, Rs 79.50 and Rs 99.50. Whereas in Ahmedabad the price of silver fell by Rs 3500 per kg to Rs 90 thousand. There was news that the price of gold in the world market fell from 2708 to 2709 per ounce to 2663 to 2671 to 2672 dollars per ounce.
As the dollar index rose in the world market, global gold prices jumped, leading to selling by funds. Behind gold, global silver prices ranged from $31.83 to $30.66 and from a low of $30.81 to $30.82.
Meanwhile, in Mumbai bullion market today, gold prices without GST stood at Rs 99.50, Rs 76,614, Rs 77,834 and Rs 99.90 at Rs 78,147. Whereas in Mumbai the price of silver was Rs 93300 without GST and it was Rs 89976. Gold and silver prices in Mumbai were 3 percent more than this price including GST.
In the world market, the price of platinum was high at Rs 938 to Rs 940 and at low Rs 929 to Rs 937 to 938. Palladium prices were at $977 to $978, down from $963 to $982.
Global copper prices were soft by 0.19 percent. Meanwhile, one-sided fluctuations were seen in the prices of crude oil in the world market. The price of Brent crude ranged from $73.30 to $73.30 per barrel and $74.30 to $73.82 per barrel. Whereas the prices of American crude were $70.44. Whereas the prices of American crude were $70.44.
There was news that unemployment claims in America increased by 17 thousand to 2 lakh 42 thousand. Due to this there was weakness in the job market. Such claims were expected to be 2 lakh 20 thousand. Instead, there were reports that such claims were actually much higher than expected.