Gold, silver recede after falling: trade void between US and Europe

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(Gujarat News Office) Mumbai, Ta: 18 October 2019, Friday

In Mumbai, jewelery market today remained soft due to rising prices. News of the world market was buoyant. Meanwhile, the domestic currency market today depreciated against the rupee. While the British pound and the euro were high. In the global market today, gold prices fell by $ 5 a barrel, or $ 8 in the evening.

In the Mumbai currency market, the pound prices today closed at Rs 1.8, higher at Rs 1.8, higher at Rs 5 and lower at Rs 5, and finally closed at Rs 1.8. The dollar was trading at Rs 1.2 with the opening high of Rs 1.8 and the lower at Rs 5, the last close being 0.5. Meanwhile, the euro prices were up 5 paise to Rs.

Divorce between Europe and Britain The question of the Brexit was now on the market for a debate in Britain's parliament on Saturday (today). As the negotiations between China and the United States continue to move forward, negotiations are underway in the world market, with fears that trade disputes between the United States and Europe will continue to rise, as flowing dictatorships now. Meanwhile, there were reports that GDP growth in China has dropped to the bottom of the 5-year low. However, September industrial output figures have been good.

Meanwhile, in the Mumbai market today, gold prices closed at Rs 5, down by 5, without GST and at Rs 5 with Rs 5. With GST, prices were up 5%. In the Mumbai market, silver prices today closed at Rs 5 without the GST of Rs 5 per kg, while in the evening the price was Rs 1 to 3 and in cash the price remained high at Rs 6 to 5 while the price with GST was higher. 5 percent was high.

Gold prices also fell after opening higher this morning. Thus, gold and silver witnessed two-way fluctuations today. In the global market, silver prices today fell by 0.5 ounces to $ 5.5 to $ 8 an ounce. Meanwhile, platinum prices in the world market this evening were $ 8 to $ 8 and palladium was $ 8 to $ 8. Despite the weakness of China, copper prices were rising in the world market today, with New York futures prices rising 5.8 to 8.5 percent higher. Crude oil prices were rising in the world market today.

Brent crude prices went up by $ 5 a barrel, and prices went up from $ 8 to $ 8 in the evening, while New York prices went up from $ 8 to $ 8 an evening. Meanwhile, the price of copper in London X today stood at $ 6 a tonne of six-month delivery, where copper stocks fell 5 tonnes today. The dollar index in the world market was at the bottom of a six-month low.


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