Gold and silver boom: The dollar and the pound quickly picked up
(Gujarat News Office) Mumbai, Ta. December 26, 2019, Thursday
The Mumbai jewelery market was gaining momentum today. World market news shows a new surge. At home, gold prices today closed at Rs 5, without a GST of 5 grams. Whereas the price of 1.2 was up by Rs. However, with GST, prices were up 5%.
Meanwhile, in the Mumbai market today, silver prices remained unchanged at Rs 5 per kg without GST of 5 kg. But in the evening price was Rs. 1 to Rs. 3 and cash prices remained high at Rs. Remained high. In the global market today, gold prices were up by $ 5 a barrel, and prices were up by $ 8 to $ 8 in the evening.
In the global market, gold prices also went up by $ 8.2 per ounce to close at $ 8.3. With the global market booming, imports of precious metals have risen and market prices are rising, according to informants.
Meanwhile, platinum prices in the world market today went up by $ 1.8 a ounce. While palladium was reported to rise by $ 1.8. The impact of rising crude oil prices in the world market today also has a positive impact on gold prices, players said. Brentcrude prices in the world market went up from $ 8 to $ 8 per barrel this evening while New York prices were up $ 8 to $ 8.
Meanwhile, in the currency market today, the dollar prices were closed at Rs. Dollar prices were up by 8 paise today. While the British pound had risen significantly. The British pound prices closed higher today at Rs 1.8, closing at Rs 1.8. The euro, however, was soft at 5 paise today and prices were trading at 4.1 in the evening.
In the world market today, crude oil prices have risen to the top of six months. The American Petroleum Institute said crude oil stock in the United States fell by 1 million barrels. In addition, news of China's trade deficit between the United States and China's efforts to reduce production by OPEC countries has had a ripple effect on crude oil prices.
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