Mumbai: The prices of gold and crude oil increased in the world market amid fears of increasing tension between Israel and Iran. After these news today gold in Ahmedabad is Rs. Reached a new peak of 74500. When crude had risen to the level of $91. Gold and silver prices reached new highs in the Mumbai jewelery market today as the record-breaking boom resumed.
There was a lot of confusion in the market due to the increase in the price of gold in the world market to a height of $ 2400 per ounce. The historic boom in the country's jewelery markets continued unabated today as the backlog of domestic imports increased again due to the boom in the world market.
In Ahmedabad market today, the price of gold increased by Rs 300 per 10 grams to reach a new high of Rs 74,300 at 99.50 and Rs 74,500 at 99.90. In Ahmedabad, the price of silver increased by Rs 500 per kg to Rs 83 thousand today. Gold prices in the world market were directed from 2400 to 2401, 2396 to 2397 to a high of 2335 to 2336 an ounce.
Behind gold, global silver prices rose from $27.99 to $28.00 an ounce to $29.22 from $29.08 to $29.09 an ounce. Platinum prices rose from $971 to $972, from $1003 to $1004, while palladium prices rose from $1050, from $1077 to $1078, from $1070 to $1071.
Global Brent crude oil prices rose from $90.15 to $91.22 per barrel and US crude oil prices rose from $85.81 to $86.52 per barrel. Today global copper prices increased by 1.94 percent, its positive effect was also seen on global silver prices. It was discussed in the Mumbai market today that the rise in the value of the dollar against the rupee has supported the rise in the jewelery market.
Meanwhile, in Mumbai bullion market today gold prices rose by Rs 99.50 to Rs 72881 and Rs 99.90 to Rs 73174 without GST, while Mumbai silver rose to Rs 83819 without GST. According to the ongoing discussion in the world market, Israel has started preparations for a short attack on Iran. The impact of this news was seen on the global commodity markets today.