look news india
Mumbai: Gold and silver reached record high in the jewelery market of Mumbai today. The news from the world market was encouraging. Due to increase in domestic import cost along with rise in world market, a jump in prices was also seen in the jewelery markets of the country. Today in the jewelery market of Ahmedabad, the price of gold increased by Rs 300 per 10 grams from Rs 99.50 to Rs 79100 and from Rs 79300 to Rs 99.90. Ahmedabad silver price was Rs 92 thousand per kg.
The news was that the gold prices in the world market were 2681 to 2682 dollars after the low price of 2681 to 2682 and 2673 per ounce. Active buying of funds was seen.
Meanwhile, in the global market the price of silver ranged from 31.92 to 31.93 to 31.36 in the low and from 31.92 to 31.72 to 31.72 in the high. Rupee again fell against the dollar in the Mumbai currency market today, which had an impact on the domestic jewelery market.
In Mumbai bullion market today, gold prices without GST were Rs 76,502 at 99.50, Rs 76,246 at 99.90 and Rs 76,810 at Rs 76,553. In Mumbai, silver prices without GSC increased from Rs 91,512 to Rs 90,568. The prices of gold and silver in Mumbai were 3 times more than this price with GST.
Meanwhile, copper prices fell by 0.84 percent in the global market today. The market was keeping an eye on additional stimulus coming for the property sector in China. Meanwhile, in the world market, platinum prices were at $996-997 an ounce and at $1013-1007-1088 an ounce.
Palladium prices were at a high of 1014 to 1015 at $1043 to 1042. A decline in crude oil prices is being seen in the global market.
The price of Brent crude ranged from 74.45 to 73.89 dollars per barrel and 74.92 to 74.49 dollars per barrel. The American Petroleum Institute said that crude oil reserves in America have decreased by 15 to 16 lakh barrels. So far this year, such stocks have decreased by about 70 lakh barrels.
The crude market was now eyeing the developments in the war between Iran and Israel. The price of American crude remained at Rs 70.08 in the low and Rs 71.11 to Rs 70.79 in the high.
