Gold, silver and rupee fall: crude rebounded: pound and euro prices rise
Mumbai, Ta. September 19, 2019, Thursday
Gold prices in the jewelery market today went down sharply. World market news, however, showed fluctuations. Meanwhile, in the currency market today, dollar prices have risen again. The rupee had weakened in the domestic currency market as crude oil prices rebounded in the world market today.
Meanwhile, the Federal Reserve in the United States lowered interest rates by 5 percent on Wednesday night, but there were reports of uncertainty over whether interest rates would be further reduced and the dollar and gold prices fluctuated in the world market.
Gold prices in the world market reached US $ 5 in a five-month high of $ 5. They were lower today at $ 1.8 and higher at $ 5. In the currency market today, dollar prices were up by 5 paise to Rs.
While the British pound price was up by 8 paise to Rs. The euro prices were up by 5 paise to Rs. Thus, the rupee had weakened against various currencies today. Brentcrude prices in the world market were shocking again, pointing to $ 5 a barrel.
Meanwhile, in Mumbai jewelery market today, gold prices closed at Rs 5, down from Rs 5 per 5 grams without GST, while prices with GST were up 5%. Meanwhile, silver prices in the Mumbai market today closed at Rs 5 with Rs 5 per kg without GST and then in the evening the price was Rs 1 to 3 and in cash the price was Rs. And with GST, prices were up 5%.
Silver prices in the world market were higher at US $ 1.8 after the US rate cut. Today, prices fell between $ 8 and $ 8.7. Gold prices were down from $ 2.5 to $ 5 in the evening. Platinum prices went up from $ 8 to $ 8 in the evening and palladium prices went up by $ 5 to $ 8.5.
Meanwhile, with crude oil prices shocking in the world market, Brentcrude's prices rose from $ 8 to $ 7 per barrel, to $ 8.5 per barrel. New York's prices were up 5.7 percent to $ 8, followed by $ 7 to $ 7 in the evening.
There was news that crude oil stock in the United States had risen 3 million barrels. Copper prices in the world market were reported at $ 5 to $ 6 a tonne delivery. There was news of copper stock plummeting to five thousand tonnes today.
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