Gold and silver and dollar forecasts

(Gujarat News Office) Mumbai, Ta. 28 December 2019, Saturday

Bullion market was officially closed today due to a shutdown in the Mumbai jewelery market today. However, the prices of precious metals were speaking high in the closed market. The dollar closed at Rs. 5.3 increase to Rs. Speaking from 1.2 to 3.5. Gold prices in the world market were $ 6.5 per ounce last week.

At the bullion market today, gold prices in the bullion market in the bullion market are trading at Rs. 3 rupees He was speaking from 1 to 5 while the price of Rs 5 was Rs. 3 rupees 5 to 9 was called while prices with GST remained three per cent higher.

Meanwhile, silver price in Mumbai market today was Rs. 3 rupees 1 was speaking while cash in cash was Rs. There were 3-5 bids and prices were up 3% with GST. In the world market, silver was trading at $ 1.8 per ounce, while the dollar remained at $ 1.8 per week.

Meanwhile, platinum prices in the world market were last seen at $ 5 to $ 5 a ounce, while palladium was last seen at $ 1.8 to $ 8. Damian, the world market, found a record increase in Saturday's holiday purchases in the United States. There were reports of profitability of industrial companies in China reaching a new high of eight months.

Meanwhile, informing the tariff value used to benchmark the import duty of precious metals imported into India, the government has now announced that such tariff value is likely to be declared high. New York Copper futures prices were down 8.8% to 8.5% over the weekend.

Crude oil prices were high in the world market. Brent crude prices went up from $ 1.8 to $ 8 a week for the weekend, while New York was last seen at $ 1.8 to $ 1.8. This year, Brent crude prices have risen by about 3-5%, while New York prices have risen by around 5-7% this year. After the stock market reached a record high in the US, the surge was now taking place.

US stock markets have risen nearly five trillion dollars this year, market analysts said. Meanwhile, according to news from China, its government has decided to abolish the benchmark landmark rate mechanism. And there the existing lending by the banks will be converted into a loan prime reference.

And the process of liberalization of interest rates is going to be further expanded in China. Meanwhile, news from Iraq shows that crude production in the southern oilfields has stopped. Arrivals approaching the area have made such a decision, the informants said.