look news india
Mumbai: Gold prices in Mumbai jewellery market rose again today after an initial decline. Global market news was encouraging. Global gold prices remained in the range of 2411 to 2412 per ounce after hitting a low of 2401 to 2402 and a high of 2420 to 2419 dollars. There was talk of increased buying by gold-short funds globally amid a fall in the dollar index.
Meanwhile, in the Mumbai bullion market today, gold prices rose by Rs 9,200 per kg to Rs 91,835 from Rs 91,465 without GST, silver by Rs 9,200 per kg to Rs 91,835 from Rs 72,500 at 99.50.
In the global market, the price of silver was in the range of 30.78 to 30.79 to 30.56 dollars on the low and 31.01 to 30.77 to 30.78 dollars on the high. In Ahmedabad market today, the price of gold was 75300 rupees at 99.50 and 75500 rupees at 99.90. While the price of silver in Ahmedabad was 93000 rupees per kg.
Meanwhile, global platinum prices remained at $1,005. Palladium prices were at a low of $952 and high of $972, i.e., $968 to $969. Global copper prices were down by 0.63 percent today. Global crude oil prices also remained soft amid minor fluctuations. Brent crude was at $85.03 against $84.85 per barrel.
US crude prices were at $82.05 against $82.21. There was news of new demand for crude oil from China in the world market. GDP growth in China fell to the lowest level since the first quarter of 2023.