CrudeTail jumped $ 64
(Gujarat News Office) Mumbai, Ta. November 27, 2019, Wednesday
The weather was mixed today in Mumbai Zaveri Bazaar. Gold prices remained soft while silver was up. Meanwhile, the rupee went up against the dollar in the currency market today. Rupee has been rising in the currency market due to the strength of the stock market, market analysts said. Meanwhile, there were reports of a surge in funded gold at the global level as the dollar raised in the world market. At the bull market today, gold prices went down to $ 1463.40 an ounce from the high of $ 1457.70 in the evening.
In the Mumbai currency market, the dollar today closed at Rs 71.49 with an open price of Rs 71.44 and Rs 71.49 in the open. Dollar prices were down 14 paise today. While the British pound fell 6 paise to 91.88 from 91 paise while the euro fell 17 paise to Rs 78.57 to 78.58. In the global market today, silver prices traded lower at $ 17.14 an ounce, followed by lower 17.02 and $ 17.04 in the evening.
Meanwhile, the price of gold in the Mumbai market today closed at Rs 377352 with a price of 99.50 without a GST of 10 grams, while the price of 99.90 was closed at Rs 37,775 with Rs 37954 being Rs 37,957, while the price with GST was Rs. 3 percent remained high. The effect of the rise in the rupee and the dollar's tendency to remain soft has been reflected in gold prices.
Meanwhile, silver prices in the Mumbai market today closed at Rs 44250 with a GST of 999 per kg, followed by Rs 44425 closing in the evening and Rs 44350 to 44400 in the evening and cash prices at Rs 1250 to Rs 1,300. Bhava with GST remained 3 per cent higher than this price.
Meanwhile, platinum prices were up from $ 902.90 to $ 903 this evening while palladium was reported at $ 1804.90 to $ 1805 this evening. Crude prices were up in the world market. Brentwood prices jumped $ 64.40 a barrel in the world market as trade talks between China and the United States moved forward. New York prices were up $ 58.50 to $ 58.55, up from $ 58 in the evening.
However, crude oil stock in the United States increased by 36 million barrels, the American Petroleum Institute said. The news that China and the United States were ending the 16-month-long trade war was seeing a positive impact on the global crude oil prices. The dollar index in the world market has been rising for the last seven consecutive days, breaking the record for 3 months in such a long time, World Market Report said.
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