look news india
Mumbai: Gold and silver prices reached record high in the jewelery market of Mumbai today. The country's jewelery markets continued to rise today due to further increase in prices in the world market and increase in domestic import costs. Gold prices in the global market rose to a new high of $ 2740 an ounce. Trailing the world market, gold prices at the Ahmedabad jewelery market today rose by Rs 400 per 10 gram to Rs 80,500 at 99.50 and Rs 80,700 at 99.90, while silver prices in Ahmedabad rose by Rs 1,500 to Rs 97,000 per kg.
Silver prices increased by Rs 4500 in Anadawada market in two days. Meanwhile, the news of gold prices in the world market ranging from 2721 to 2722 to 2739 to 2740 to 2737 to 2738 dollars per ounce came. The funds were active buyers. Behind gold, the price of silver in the global market today increased from $33.71 to $33.72 and crossed $34 and the price went from $34.14 to $34.11 to $34.12.
When China reduced the lending rates, its effect was seen on various markets of the world. Global copper prices rose 0.70 percent today. Crude oil prices were also increased in the world market. Saudi Arabia's informants expressed the possibility of China's demand increasing.
In the world market today, the price of Brent crude oil ranged from 74.57 to 74.15 dollars and was at a high of 73.06 per barrel. While US crude prices rose by $69.22 per barrel from $70.90 to $70.40. Global platinum prices rose to $1025-1026 from $1015-1016 an ounce.
However, palladium prices were at $1080 to $1081 after reaching the high of $1084 to 1085 at $1094. In Mumbai bullion market, gold prices without GST stood at Rs 77,901 at Rs 77,450 and at Rs 99.90 at Rs 78,214 at Rs 77,750.
Mumbai silver prices rose to Rs 97,254 from Rs 96,750 without GST. Gold and silver prices in Mumbai were 3 percent more than this price including GST. Mumbai Silver prices today crossed the one lakh mark with GST from Rs 100170 to Rs 100175.
Rise in futures prices of gold and silver. Among precious metals, there was a rise in the futures prices of gold and silver. Work worth Rs 10940.78 crore was done. Gold December futures opened at Rs 78077 per 10 grams, touched a high of Rs 78385 and a low of Rs 78000, rising by Rs 554 to Rs 78303 against the next close of Rs 77749. Gold futures for February delivery hit an all-time high of Rs 78,890. In comparison, Gold-Guinea October futures were trading at Rs 62,811 per 8 grams with an increase of Rs 493. While the October futures of gold petals increased by Rs 69 per gram to reach Rs 7641. Gold-mini October futures rose by Rs 636 to Rs 77,795 per 10 grams.
In silver futures, silver December futures opened at Rs 97,190 per kg, touching a high of Rs 98,224 and a low of Rs 97,190, up by Rs 2,478 from its previous close of Rs 95,402 to Rs 97,880. Remote delivery of silver touched a record high of Rs 1,00,564 against March futures and Rs 1,02,150 against May futures. In comparison, silver-mini November futures increased by Rs 2495 to reach Rs 97677 per kg. While silver-micro November futures were trading at Rs 97661 with a gain of Rs 2495.