In bullish environment, gold crossed 73000 and silver crossed 81000 and made a new record

Ahmedabad: The direct impact of the sharp rise in gold prices in the world market is being seen on the local gold and silver market. Behind the global boom, an incredible rise was seen in the gold and silver market of Ahmedabad today. Today, gold (99.9) rose by Rs 800 to Rs 73,000 in Ahmedabad. On the other hand, today silver is at Rs 100 per liter. 1,000 reached a new high of 81,000.

After Saturday's bullion market, Mumbai gold and silver market officially closed today. However, in the closed market, gold and silver prices remained at record highs lagging behind the global market, with new historic prices seen in the market. The country's gold and silver markets are still seeing a bullish trend due to the huge increase in domestic import costs along with the rise in the global market.

The price of gold in the world market increased from 2285 to 2286 per ounce and then touched the level of 2300. At the end of the week, the price was indicated to be 2329 to 2330 dollars. Following gold, global silver prices also rose from $26.61 to $26.62 to $27.49 to $27.50 an ounce and finally traded at $27.47 to $27.48.

Although the United States' job growth data was stellar, global sources said funds' buying in global gold again increased as crude oil surged in the world market due to rising tensions between Israel and Iran.

Crude oil prices increased again in the world market. Brent crude prices touched a high of $90.06 to $91.91 per barrel and last traded at $91.17. The price of US crude rose from 86.62 to a high of 87.68 and the last price was $86.91.

In the global market, platinum prices rose from highs of $921 to $922, to $934 to $935 and finally to $930 to $931, while palladium prices rose from $1002 to $1003, to $1025 to $1026, to $1005 to $1006. Global copper prices at mines were last down 0.31 per cent.

Today, dollar prices remained calm between Rs 83.29 and Rs 83.30 against the rupee in the Mumbai currency market. In Mumbai bullion market today, gold price was trading at Rs 70,600, Rs 69,602 at 99.50 and Rs 70,850 at Rs 69,882, Rs 99.90, while Mumbai silver price was trading at Rs 79,096, Rs 80,600 at Rs 79,096. GST. There were indications that smuggling in the country has increased due to increase in gold prices.