Silver backs: Dollar bounces: Gold prices fall below $ 1500 in global markets

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(Gujarat News Office) Mumbai, Ta. August 20, 2019, Monday

Gold prices in the Mumbai jewelery market rose slowly today while silver fell sharply. There were indications that the gold and silver prices in the world market had dropped sharply in the evening after the start. In the global market, the dollar index against various currencies was reported to be the selling of funded sellers at the global level. Gold prices in the world market continued to fall below the dollar today.

Meanwhile, in the domestic currency market, the dollar was trading at Rs 1.8 with the opening price at Rs 1.8, then the price was up by Rs. Dollar prices rose 5 paise today, while the British pound fell 5 paise to 1.8 to 1.8. The euro was up 5 paise to 1.8 per cent. According to world market news, the government is considering providing stimulus to support the economy in Germany.

As a result of this, European stock markets and US stock exchanges rose today and gold prices fell. There was hope that talks between China and the United States would resume in the world market, and the impact was on markets.

Meanwhile, in Mumbai jewelery market today, gold prices remained open at Rs 5, Rs 5 open at Rs 5 and Rs 5 open at Rs 5, without GST of 5 grams. With GST, prices were up 5%. Meanwhile, gold prices in the world market today fell by $ 5 to the high of $ 5, while the lower was the lowest of the evening.

In the jewelery market today, silver prices remained open at Rs 5 per kg without opening GST of 5 kg and in the evening, prices were up by 5 to 5 and the GST was up 5 percent. Cash prices remained at this price from Rs. Meanwhile, silver in the global market today was reported at a low of 5.4 to $ 8 an ounce, after falling 0.5 to a high of $ 5 to $ 5 an ounce.

In the world market, prices of $ 5 in gold and $ 5 in silver are being considered important. These prices informed the prospects that the market would meet again in the afternoon. Meanwhile, platinum prices were trading at $ 2.5 to $ 8 per tonne in the global market this year, while palladium was down $ 8 to $ 8.

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