look news india
Mumbai: The bullion market of Mumbai remained officially closed today as it was Saturday. However, after lagging behind the global market, gold prices remained bullish in the closed market, while silver prices remained soft. The price of gold in the world market decreased from 2161 to 2162 dollars per ounce and at the end of the week from 2155 to 2156 dollars per ounce. There was discussion in the world market that selling of funds has increased due to increase in global gold prices due to increase in dollar index and bond yields globally.
Meanwhile, domestically, gold prices fell by Rs 300 per 10 grams to Rs 67,500 at 99.50 and Rs 67,700 at the Ahmedabad jewelery market today, while silver prices remained calm at Rs 7,400 per kg in Ahmedabad. In the global market, the price of silver ranged from 25.16 to 25.17 dollars per ounce, from 25.44 to 25.45 to 25.18 to 25.19 dollars per ounce.
Global platinum prices fell from 951 to 952 an ounce to 925 to 926 and finally to $938 to 939 an ounce, while global palladium prices fell from 1060 to 1061 to 1080 to 1081 an ounce from 1060. From 1061 to 1080 to 1081 dollars per ounce.
However, copper prices rose further in the world market and ended the week 1.95 percent higher. Copper prices had increased to around Rs 9100 per tonne. Meanwhile, crude oil prices rose in the global market. Brent crude touched a high of $85.02 per barrel at $85.55 and stood at $85.34, while US crude touched a high of $80.97 per barrel at $81.45 and stood at $81.04. Meanwhile, after the global market closed today, the dollar closed at around Rs 82.91 from Rs 82.88 in the Mumbai currency market.
In Mumbai bullion market today, gold prices without GST stood at Rs 99.50, at Rs 65,200, at Rs 65,297, at 99.90, at Rs 65,559, at Rs 65,450, while in Mumbai, silver prices stood at Rs 74,210 at Rs 73,875 without GST. Gold and silver prices in Mumbai were three percent more than this price including GST.
In China, there were reports of increased willingness by investors, and especially youth, to invest in gold beans. Meanwhile, according to a survey, the possibility of rise in gold prices next week is 27 percent while the possibility of fall is 46 percent. Next week, the price of gold per ounce in the world market is likely to be at a high of $ 2171 and a low of $ 2132.