Friday , January 10 2025

Rise in gold and silver continues | News India

MUMBAI: Gold and silver prices rose in Mumbai's jewellery market today. However, world market news showed a two-way movement in prices. Globally, gold prices were at $2,509 to $2,510 an ounce after touching a high of $2,528 to $2,510 an ounce. Prices were raised due to increased domestic demand.

In Ahmedabad jewellery market today the price of gold rose by Rs. 300 to Rs. 99.50 at Rs. 74000 and Rs. 99.90 at Rs. 74200. While the price of silver per kg in Ahmedabad rose by Rs. 2000 to Rs. 84500. In the global market the price of silver was at $28.48 to $28.49, high at $28.87 and low at $28.31 to $28.54 to $28.55 per ounce.

Inflation figures were released in America and news came that the inflation rate was lower than expected. After this, experts were predicting that now the interest rate would be cut. Due to this, there was a mixed effect on the dollar index and gold prices in the world market.

Meanwhile, the price of platinum in the global market was at $943. Palladium prices ranged from a high of 965 to 966 to a low of $992 to $990 to $991. Global copper prices rose by 1.5 per cent today. Global crude oil prices, which had hit a three-year low, were seen bouncing back from the trough today.

Brent crude oil prices were at $71.21 a barrel after hitting a low of $69.31 and a high of $70.93 to $70.36. US crude prices ranged from a low of $67.95 to $65.91 to a high of $67.58 to $67.02.

In Mumbai bullion market today, the price of gold without GST was Rs. 99.50. Priced at Rs. 71303. 71706 and gold priced at Rs. 99.90. Priced at Rs. 71590. 71994 while the price of silver was Rs. 71994 excluding GST. It increased to Rs. 82207. 83407. Mumbai gold and silver prices with GST were three percent higher than this price.