Gold, silver and crude oil up ahead: Rupee rally against rupee
(Gujarat News Office) Mumbai, Ta. December 16, 2019, Monday
The Mumbai jewelery market was gaining momentum today. The world market was solid. The dollar was shocked by the sharp rise in dollar prices against the domestic rupee. Gold prices were up, with the rupee falling and the dollar bouncing. Silver was also increased behind gold. In the evening, the price of gold went up from $ 1.8 to $ 8 after the gold price hiked by $ 5 a barrel. In the global market, gold prices went up by $ 5.2 per ounce, while gold remained at $ 8 to $ 8 in the evening.
On the domestic front, the dollar against the rupee in the Mumbai currency market today was closed at Rs. Dollar prices were up by 5 paise today, while the British pound price closed at Rs 1.8 after opening at Rs 1.8 in the open. The lowest price was Rs.
The British pound was up eight paise today, while the euro was down seven paise to 1.8. The British pound and the euro market were still awaiting the Mumbai currency market amid a glance over Brexit in Britain.
Meanwhile, in Mumbai jewelery market today, gold prices remained closed at Rs 5, with a GST of 5, while the price of Rs 5 remained unchanged at Rs. However, prices with GST remained three per cent higher. Meanwhile, in the Mumbai market today, silver prices closed at Rs 5 per kg without a GST of 5 kg and in the evening the price was Rs. 1 to 3 and in cash the price was Rs. General Chat Chat Lounge Meanwhile, platinum prices in the world market were up again from $ 1.8 to $ 8 this evening, while palladium prices were up again to $ 8 this evening.
New York cotton futures rose 8.5% to 5.5% this evening. With crude oil booming, Brentcrude prices went up $ 8 to $ 8 per barrel this morning, while New York prices went up from $ 8 to $ 8 this evening. CrudeTail's global futures market was reported to have created a new record of three years, with the boom significantly increasing its long position.
At the London Exchange, copper prices today rose 3 to 3 dollars per tonne of three-month delivery. Copper stock was down by 5 tonnes today while aluminum stock was up by 5 tonnes. Nickel stock was up by 8 tonnes while stock of other metals were down there. Meanwhile, homegrown Hindustan Zinc raised zinc prices by Rs 7 a tonne today while lead was reported to rise by Rs.
Meanwhile, according to news from Delhi, the central government was obliged to raise the tariff value from $ 1 to $ 4 per gram to be used as a benchmark for import and gold import duty in the country. There were reports of such a tariff value of silver being reduced from $ 1 to $ 5 per kg.
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