Gold, silver retreat: dollar eases by 2%

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Ahmedabad. September 12, 2019, Thursday

Today, the holiday mood is prevalent in the Mumbai bullion market relative to the infinite fourteenth-Ganesh dispersion. Despite being open in the market, Beau's precious metals had a crush on the workforce. There was a sharp fall in the dollar today in the exchange market.

Globally, the dollar index was backward today. This led to a sharp fall in the dollar. The dollar had lost 5 paise today, falling to the dollar. On the other hand, today the pound has dropped 5 paise to 1.8. In addition, the euro also fell to a low of 1.8.

Next in America Federer has a meeting on September 7/8. There is a possibility of a 5% rate of recurrence, informed sources said. These reports had an impact on the dollar today.

However, in today's global market, gold rose to $ 5, jumping $ 5. Silver, on the other hand, was reported to be up $ 1.8 on the back of new purchases.

Despite the trend towards improvement in the global market, gold and silver retreated behind the softening of the dollar in the domestic market. In the bullion market, silver fell by Rs 5 to Rs 5 today. While gold fell by Rs 5 to Rs 5 and Rs 5 to Rs 5, the two closed at Rs. All these prices are without GST.

Meanwhile in the global market, crude oil started to fall behind. Two days ago, after the $ 5 surface jump, it was back. Today, Vrent crude was down two percent to $ 1.8. The report that OPEC saw a decline in crude demand globally in the next 7 also affected the trading of crude.


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