Gold, silver rise sharply: Citigroup signs China's currency crash

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Mumbai, Ta. October 10, 2019, Thursday

Gold prices were up today in the Mumbai jewelery market while silver remained soft. Gold prices went up in the world market. Dollar and British pound prices remained calm in the Mumbai currency market today while euro prices were up. As the dollar plummeted in the world market, there were reports of gold prices rising in favor of fund-raising.

In the world market today, gold prices reached $ 8.5 per cent higher. However, later in the evening, the price fairy was talking $ 1.8. Thus, late in the evening the boom was like a boil. In the global market, silver was also trading at $ 1.8 to $ 1.8 late in the evening, after the silver price fell to $ 5 a ounce.

The houses behind the world market were also broken again in the evening after the prices were raised in the jewelery market by noon.

In the market today, gold prices remained at Rs 5 in the evening after closing at Rs 5 with a GST of 5 grams. Whereas, the price of 5 was called Rs. Meanwhile, Bhava with GST remained at 5% above this price.

Meanwhile, in the Mumbai market today, silver prices closed at Rs 5 per kg without a GST of 5 kg. However, with GST, prices were up 5%.

In the world market, the players were watching the web-based meeting between China and the United States. Platinum prices were up from $ 2.5 to $ 4.3 a barrel and palladium to $ 1.8 per tonight. New York Copper futures were up 5.7 to 8.5 percent higher in the evening. Meanwhile, the dollar in the Mumbai currency market today closed at Rs 1.8 with the opening price at Rs 1.8, while the high was finally closed at Rs 1.8.

The price of the British pound went up by 5 paise to Rs 1.8 while the euro was up 5 paise to Rs. Crude oil prices in the world market were up one percent higher in the evening. Brent crude prices were up from $ 2.5 to $ 8 per barrel in the evening and New York to $ 1.8 to $ 8. Copper prices soared in London X today to $ 5 a month for a six-month delivery. Copper stock there, however, rose 8 tonnes.

Hindustan Zinc today reduced zinc prices by Rs 5 per tonne while lead was reported to raise Rs. Players were also watching the growing differences between the US and Turkey in the world market. Meanwhile, City Group reported that China's currency would remain under pressure by the yuan.


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