The dollar index rose to the top of 2019

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

Gold in the jewelery market was gaining momentum today. World market news showed shining headlines in precious metals. The dollar was bullish on the domestic market with the dollar rising and the rupee falling below the six-month low. The dollar index against the basket of different currencies in the world market was a hit to reach the new high of the current year.

In the global market, gold prices fell by $ 5 a barrel, while the price was higher by $ 5 in the evening. In the currency market today, the dollar price closed at Rs. 5.7 in the open high and closed at Rs. Dollar prices were raised by 8 paise more today, while British pounds were up nine paise to Rs. The euro prices were up 5 paise to 1.8 to 1.8.

Meanwhile, gold prices in Mumbai jewelery market today closed at Rs 5 open at Rs 5 for 5 grams without GST while Rs 5 closed at Rs 5 with Rs 5 open at Rs. While prices with GST were up 5%.

Meanwhile, in the Mumbai market today, silver prices remained open at Rs 5 per kg without opening GST of 5, and in the evening, prices were up by 3 to 5 and with GST rising 5%.

Meanwhile, silver in the global market today traded lower by $ 1.3, or 0.6 per cent, to end the week's high of $ 5.6. The price of gold remained at $ 1.8 late in the evening. Platinum prices were $ 8.65 and palladium prices were $ 2.5 to $ 1.8.

There was news that the US relaxed its controls against China's major technology company for six months. In the wake of this, there was hope of a resumption of trade talks between China and the United States in the world market. Meanwhile, Brentcrude's price per barrel remained at $ 1.8 am in the midst of a slowdown after crude oil prices rose in the world market.

While New York prices were trading at $ 5 in the evening. Copper futures prices were down in the New York market this evening from 8.5 to 8.5 percent. Copper prices in London X. $ 6 a tonne of six-month delivery. Today, copper stock fell by 5 tonnes. Stocks of other metals were also on the decline today.

Meanwhile, according to world market news noted investment guru Mark Mobis, buying in gold is likely to be beneficial given the uncertainty of the global economy and the directive that central banks of various countries around the world are easing monetary policy.

Meanwhile, the President of the Federal Reserve has called for a further and significant reduction in interest rates in the United States. World market players are now watching the Federal Reserve Chairman's speech, scheduled to take place at the New York Conference on Friday.