look news india
Mumbai: Gold and silver prices increased rapidly in Mumbai’s jewelery market today. Market sources say that due to the rise in the global market and the dollar reaching a new peak against the rupee at the domestic level, the import cost of imported gold and silver in the country has increased. Due to increase in import cost, a bullish wind was seen blowing in the jewelery markets of the country today.
Today in the jewelery market of Ahmedabad, the price of gold increased by Rs 600 per 10 grams to Rs 79,500 at 99.50 and Rs 79,700 at 99.90 and now the market is seen at Rs 80 thousand. Meanwhile, silver prices rose by Rs 1,500 to Rs 9,200 per kg in Ahmedabad today. In the world market, gold prices ranged from 2679 to 2680, 2675 to 2676 dollars, with a high of 2656 to 2657 per ounce.
Funds were taken. Recently there was news that China’s central bank has started buying gold from the world market again. Meanwhile, behind gold, global silver prices also traded at $31.66 to $32.05 an ounce at $31.89 to $31.90.
Exports from China have surged and there were signs the government will provide new sweeping incentives. However, global copper prices fell by 0.73 per cent today. Globally, crude oil prices continue to fluctuate wildly. Global platinum prices ranged from $949 to $933 and from a low of $942 to $943. Palladium prices fell from $987 to $967 to $974-975.
In the crude oil market, the price of Brent crude remained at a high of $72.24 and a low of $71.53 to $71.91. US crude prices were at $68.14. In Mumbai bullion market, without GST, gold increased from Rs 99.50 to Rs 76866 and silver increased from Rs 99.90 to Rs 92810. Prices including GST in Mumbai market were 3 percent more than this price.