look news india
Mumbai: Gold and silver prices in Mumbai jewelery market today again lagged behind the global market. The price of gold in the global market absorbed this shock and again reached the highest level of 2177 to 2169 to 2170 dollars per ounce. The global price of silver also increased by $ 24.33 per ounce and broke the level of $ 25 and reached from $ 25.17 to $ 25.02 to $ 25.03. Market insiders said as the global market gained momentum, the import cost of precious metals also increased domestically and prices in jewelery markets increased again.
In Mumbai bullion market today, gold prices without GST were at Rs 99.50, Rs 65,261, Rs 65,073 and at Rs 99.90, Rs 65,523, at Rs 65,335. Mumbai silver prices increased from Rs 72469 to Rs 73781 without GST. Gold and silver prices in Mumbai were 3 percent more than this price including GST.
Meanwhile, the price of silver in Ahmedabad increased by Rs 500 to Rs 74 thousand. In Ahmedabad, gold prices stood at Rs 99.50 at Rs 67300 and Rs 99.90 at Rs 67500.
As crude oil prices increased in the world market, its positive impact was seen on global gold prices. In the world market, the price of Brent crude increased by 83.35 per barrel from 84.82 to 84.55 dollars, while the price of American crude increased by 79.04 per barrel from 80.48 to 80.49 dollars. Optimism regarding demand was seen in the market. There was also a decline in crude oil reserves in America.
Meanwhile, platinum prices rose to $938 from $945 and $939 an ounce, while palladium rose to $1076 and $1063 from $1075. However, global copper prices today showed signs of easing by 0.40 per cent from 7-month high.
