look news india
Mumbai: Gold and silver prices fell sharply in Mumbai’s jewelery market today. With the collapse of the world market, as domestic import costs came down, there were more sellers and fewer buyers in the country’s jewelery market. There has been news of increase in sales of funds in global gold due to reduction in tension in Russia-Ukraine and Israel-Iran-Lebanon war at the global level.
Today, gold prices in the world market ranged from 2605 to 2606, 2631 to 2632 dollars and a low of 2681 to 2682 per ounce. Trailing the world market, gold price in Ahmedabad market today fell by Rs 1200 per 10 grams to Rs 78100 at 99.50 and Rs 78300 at 99.90. Gold price in Ahmedabad fell by Rs 2500 in two days. After breaking the level of Rs 80 thousand in Ahmedabad, gold also broke the level of Rs 79 thousand in the market today.
Meanwhile, silver prices in Ahmedabad stood at Rs 90 thousand per kg. In the global market today, behind gold, the price of silver decreased from 30.73 to 30.74 to 29.98 to 30.58 to 30.59 dollars an ounce.
Meanwhile, in Mumbai bullion market today, gold prices without GST stood at Rs 75,387, Rs 76,772 at 99.50 and Rs 75,690 at Rs 77,081 at 99.90. Whereas in Mumbai the price of silver without GST was Rs 89445 and Rs 88463. Gold and silver prices in Mumbai were 3 percent higher including GST. Meanwhile, platinum prices in the world market were at $938-939 an ounce, up from $923 an ounce at $952-953. Palladium prices rose from $997 to $998 to $969 to $992 to $993. Global copper prices rose 0.34 percent today.
Meanwhile, in the world market, crude oil prices were trading in the range of $72.70 to $73.59 and Brent crude was trading at $75.10 per barrel. The outbreak of war affected the prices of crude oil in the world market. The pressure of price fluctuations continued. The price of American crude fell below $70 to $68.57 and remained at $69.59.