look news india
Mumbai: Gold and silver prices rose in Mumbai's jewellery market today. The news from the global market was bullish. Due to the rise in the global market and the increase in domestic import cost, the jewellery market witnessed a situation of fewer sellers and more buyers as prices rose today. The price of gold in the global market reached a high of $ 2524 to $ 2525 per ounce and $ 2575 to $ 2576.
Silver, copper, raw material, platinum and palladium also rose
Following the world market, gold prices rose by Rs 1,100 per 10 grams in the Ahmedabad jewellery market today, while Ahmedabad silver prices rose by Rs 1,500 per kg. There was talk of increasing funds in global gold amid a fall in the dollar index and bond yield in the global market. As soon as crude oil rose, its effect was also seen on the price of gold.
In Ahmedabad market, gold rose by 99.50 to Rs 75,100 and silver rose by 99.90 to Rs 75,300. In the global market, silver price rose from 28.84 to 28.85 per ounce following gold and crossed $30 and the price rose from 30.19 to $30.20.
Global platinum prices rose from $961 to $962 to $997 to $998. Palladium prices rose from $1031 to $1032 to $1065 to $1056 to $1057. Global copper prices rose 0.15 percent. Global crude oil prices also rose. Brent crude prices rose from $71.46 to $72.79 to $72.80 per barrel.
While the price of US crude rose from 68.23 to 69.97 to 69.95 dollars. There was news that the production of crude oil has been affected due to the storm in the Gulf of Mexico.
Meanwhile, in Mumbai bullion market today, gold prices rose from Rs 99.50 to Rs 72752 without GST and from Rs 71801 to Rs 73044 without GST. Silver prices in Mumbai rose from Rs 83,188 to Rs 86,100 without GST. Gold and silver prices in Mumbai were 3 percent higher than these prices including GST.