Santa-rally in gold and silver: $ 5 gold ahead: shine in crude
(Gujarat News Office) Mumbai, Ta. December 24, 2019, Tuesday
Mumbai jewelery market was gaining momentum today. World market players were addressing the boom as a Santa-rally. Gold remained active at the global market today, with gold prices rising to $ 8.25 an ounce, while the dollar was trading at $ 8 in the evening. Silver followed with gold, rising to $ 5.7 a ounce in the world market today, leaving $ 8 on the evening.
With the rise of the world market and the domestic currency market today, the rupee against the dollar imports of precious metals has risen and prices have been rising in the jewelery market before Christmas. In the currency market today, the dollar has increased by Rs. 5 to Rs. 5 and closed at Rs. Dollar prices were hiked by 5 paise today while the British pound tumbled.
The British pound prices were down 5 paise today to 1.5. At one point in the current market, the price of the pound had come down to Rs. Meanwhile, the euro prices were up five paise to Rs. The euro prices went up by a high of Rs.
Meanwhile, gold prices in Mumbai jewelery market today jumped by Rs 5 to Rs 5 without a GST of 5 grams, while the price of Rs 5 closed at Rs 6, while the price with GST remained 5% higher than this.
Meanwhile, in the Mumbai market today, silver prices rose by Rs 5 to Rs 5 without the GST of Rs 5 per kg. The evening price was Rs. 1 to Rs. 6 in the evening and Rs. 3 to Rs. 8 in cash in the evening. Remained high. However, with GST, prices were up 5%.
Meanwhile, Saudi Arabia and Kuwait were reported to resume production of crude oil in the shared border for the first time in four years. However, crude oil prices in the world market were up about half a percent today, with Brentcrude's $ 8 to $ 8 per barrel, while New York prices were trading at $ 5.
Platinum futures in the world market were trading higher this evening at $ 8.25, while palladium prices were up by $ 8.5 per tonne this evening. Meanwhile, New York Copper futures prices were up by half in the evening. Amid reports of trade agreements between China and the US, prices of various industrial metals, including copper, were rising in the world market.
Copper prices in London X rose from $ 5 a tonne to $ 5 a tonne for a six-month delivery. Copper stock was down 8 tonnes today. Nickel stock was up 8 tonnes today while other metal stocks were on the decline. There were reports that shareholders' wealth increased by nearly $ 5 trillion in the year of the stock surge in the US.
Comments
Post a Comment