Gold prices in the local markets behind the world market are narrow narrow fluctuations

Mumbai, Ta-26 November 2019, Tuesday

In the backdrop of the global market, domestic gold prices were narrowly fluctuating. On the other hand, the rupee strengthened against major currencies, while crude oil was seen to improve. In the morning, gold and silver eased in the local gold market, but prices recovered in the afternoon. The demand for marriage is expected to drop in gold if demand is starting to rise.

In the domestic market, the price of gold at Rs. Gold was trading at Rs 5, closing at Rs 5 and closing at Rs 5. With GST, prices were up 4% higher.

The silver, which had closed yesterday at Rs 5 per kg, was down by Rs 5 to Rs 5 today. Silver prices were up three per cent higher with GST. In the global market too, gold was trading at a disadvantage. Silver, too, was found to hit between $ 8 and $ 6.7, an increase of $ 5 per ounce.

The dollar index became active with a declining fund, causing the gold market to decline. The rupee was strong against the domestic currency. The dollar was down 5 paise to 5.5 rupees, while the pound fell 5 paise to 5.5 bucks and the euro was down 5 paise to 5.5 bucks.

The optimism of progress in the dialogue between China and the United States led to lower crude oil prices. Brent crude was priced at $ 1.8 to $ 1.8 per barrel, while New York topped $ 1.8 to $ 1.8 per barrel.