look news india
Mumbai: There are indications that domestic import costs have also increased with the rise in the world market. Meanwhile, global gold prices rose from $ 2,368 to $ 2,369 an ounce last week, indicating a move higher from $ 2,392 to $ 2,394 an ounce. Following the world market, gold prices in Ahmedabad jewellery market today rose by Rs 500 per 10 grams to Rs 75,300 per 99.50 and Rs 75,500 per kg, while Ahmedabad silver prices rose by Rs 500 to Rs 9,200 per kg. Silver prices also rose by Rs 30.60 to 30.61 to 31.49 to 31.50 per ounce on the back of gold in the global market and finally settled at $ 31.21 to $ 31.22.
Meanwhile, according to the news of the world market, the possibility of cutting interest rates once again has increased amid the fall in the dollar index due to the employment growth figures in the US being weaker than expected and the unemployment rate rising. Due to the increase in bond yields globally, there was a discussion in the market that the purchase of gold by funds has increased globally. Meanwhile, following the world market, the price of the dollar fell from Rs 83.48 to Rs 83.45 to Rs 83.46 at the close of today in the Mumbai currency market.
In Mumbai's jewellery market, the bullion market was officially closed today due to Saturday. In Mumbai bullion market today, the price of gold without GST increased by Rs 99.50 from Rs 72349 to Rs 72950, while silver increased by Rs 99.90 to Rs 72640. It was Rs 73250. Mumbai silver prices increased from Rs 90,709 to Rs 91,950 without GST. The price of gold and silver in Mumbai was three percent higher than this price including GST.
Meanwhile, copper prices in the global market were up by 2.61 per cent at the end of the week. Platinum prices in the world market ranged from 1017 to 1018 to $1036 per ounce and finally settled at $1030 to $1031. Palladium prices ranged from a high of 1026 to 1027 to 1044 per ounce and finally settled at $1029 to $1030.
Meanwhile, crude oil prices in the global market however witnessed a decline. Brent crude prices fell from $87.44 to $86.49 to $86.54 per barrel. While the price of US crude fell from 83.97 to 83.02, the last time the price was quoted at $83.16.