look news india
Ahmedabad, Mumbai: Ahead of Diwali, gold and silver prices rose sharply in the jewelery market of Ahmedabad and Mumbai today. The news from the world market was encouraging. A new record was created today in the jewelery market of Ahmedabad, when the price of gold increased by Rs 800 per 10 grams to more than Rs 82 thousand.
In Ahmedabad market, gold prices rose by Rs 99.50 to Rs 82100 and Rs 99.90 to Rs 82300 per kg, while Ahmedabad silver prices rose by Rs 1500 to Rs 99000 per kg.
Globally, gold prices were on the verge of reaching a historic high of $2,800 an ounce. Trailing the world market, a new high was seen domestically as the bullish trend continued, global gold prices rose from 2752 to 2753 an ounce and the price moved from 2789 to 2790 to 2781 to 2782 dollars. However, after the rise in global silver prices, there has been news of a fall.
The price of silver in the world market was $ 34.13 per ounce. Today, the effect of increase in global crude oil prices was seen on global gold prices. In the world market, the price of Brent crude increased from 71.76 to 72.83 to 72.37 dollars, while the price of American crude increased from 67.68 to 68.88 to 68.85 dollars. However, global copper prices fell by 0.63 per cent, which had a negative impact on global silver prices.
Meanwhile, gold prices at the Mumbai bullion market rose by Rs 99.50 to Rs 79,262, excluding GST, from Rs 78,430. While the price of 99.90 was Rs 78745 to Rs 79681 to Rs 79581. Mumbai silver prices rose from Rs 97,873 to Rs 98,340 to Rs 98,040 without GST. The global price of platinum was $1029. Palladium prices were indicated to rise from $1157 to $1166-1167 from lows of $1233-1234.
There was news that the economy in America is on the path of progress with GDP growth of 2.80 percent. At the same time, consumer expenditure increased by 3.70 percent, which in this respect was the highest level in about one and a half to two years. There, private sector job growth reached a twelve-month high.