look news india
Mumbai: Gold and silver prices continued to fall in Mumbai jewelery market today. New demand remained slow. The news from the world market was discouraging. Gold prices in the world market decreased from 2360 to 2361 to 2364 to 2365 to 2346 to 2347 dollars per ounce.
Behind the world market, even in the domestic jewelery markets, Manas had to be sold to the high-to-low market. In the jewelery market of Ahmedabad today, gold fell by Rs 500 per 10 grams to Rs 99.50 to Rs 74400 and Rs 99.90 to Rs 74600, while silver prices in Ahmedabad remained calm at Rs 84 thousand per kg.
In the global market, silver prices rose again to $28.31 to $28.32 after rising from $28.19 to $28.20 to reach $27.97 an ounce. Global copper rose 1.05 per cent today, while global silver prices witnessed a decline. The prices of crude oil in the world market also got a shock and today it increased again.
Brent crude prices ranged from $83.39 to a high of $83.27 at $82.79 a barrel. U.S. crude prices ranged from $78.92 to $78.81, hitting a high of $78.26. Globally, platinum prices rose to $1,006-1,007 an ounce after touching a low of $997-998 an ounce. Palladium prices rose to $989 to $990 an ounce from $980 to $981, from $972 to $993.
Gold prices fell by Rs 99.50 to Rs 71,875 without GST from Rs 72,450 in Mumbai bullion market today. Whereas the price of 99.90 was Rs 72750 and Rs 72165. Mumbai Silver prices rose from Rs 83,600 to Rs 83,265 to Rs 83,494 without GST. The prices of gold and silver in Mumbai were three percent more than this price including GST. The market was keeping an eye on the inflation data to be released in America on Wednesday.