look news india
Mumbai: Today again a rise in the prices of gold and silver was seen in the jewelery market of Mumbai. World market news was showing a surge in prices. After Holi, new sales were stopped in the jewelery markets of the country due to the rise in the world market and increase in domestic import costs. After the end of Holashtak, new sales were stopped in the hope of increase in demand in the market.
In Ahmedabad market today, gold price rose by Rs 400 per 10 grams to Rs 68,600 at 99.50 and Rs 68,800 at 99.90, while silver price rose by Rs 1,500 to Rs 6,000 per kg. Last week, the price of gold in Anadawada market had reached Rs 69,000, which was considered a new record.
Meanwhile, gold prices in the world market today may jump from $2,200 to $2,201 to $2,194 to $2,195 an ounce. Behind gold, global silver prices also rose to $24.81 to $24.82 an ounce from $24.89 to $24.90. Due to the fall in the dollar index and bond yields in the global market and the rise in crude oil, there was talk of increased buying of gold by funds in the world market.
Global platinum prices today rose to $907-908 from $910-911. Palladium prices were at highs of $1018 to 1019 and $1016 to 1017. However, global copper prices are witnessing a decline of 0.06 per cent.
Meanwhile, crude oil prices in the global market reached a high of $ 87 per barrel today. The price of Brent crude increased from 87.06 to 86.87 dollars. US crude oil prices were as high as $82.30 to $82.16. There was talk of increasing demand amid shortage of supply.
In Mumbai bullion market today, gold prices without GST rose from Rs 99.50 to Rs 66449 and from Rs 99.90 to Rs 66716, while silver prices in Mumbai rose to Rs 74279 without GST.