Gold and silver retreat: The rupee depreciates against the dollar, the pound and the euro

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(Gujarat News Office) Mumbai, Ta. 28 January 2020, Tuesday

Prices were lower today at the Mumbai jewelery market. News of the world market was buoyant. On the domestic front, the dollar fell against the rupee in the currency market today, against which the British pound and the euro fell. In the world market today, gold prices fell as low as $ 5 to ashes.

The dollar in the Mumbai currency market today fell by 5 paise to Rs 1.8, while British pound prices fell by 5 paise to Rs. The euro prices were down 5 paise, from 0.5 to 1.8. The eyes of the world market players were on the meeting of the Federal Reserve of America. However, at this time there will be no change in interest rates, market figures say.

Meanwhile, gold prices in the Mumbai jewelery market today closed at Rs 5, down from Rs 5 per 5 grams without GST. While the price of 5 was closed at Rs 5, it was closed at Rs. While prices with GST were higher by 5%. Meanwhile, in Mumbai, silver prices today closed at Rs 5, 000 instead of Rs 5 thousand without the GST of kg. And with GST, prices were talking 5% higher.

In the global market today, silver was trading at $ 1.8 an ounce, with the dollar still trading at $ 8. In the global market, gold prices were trading late in the evening, from $ 6.5 to $ 1.8. While platinum prices dropped below $ 5 in the evening, news was reported to be at $ 1.8. After the palladium prices fell 5 to 5 percent, the prices went up by one to one and a half percent today. Meanwhile, copper prices were stagnant in today's world market, shocking.

Copper prices in London X today remained at $ 5 to $ 5. Meanwhile in the evening after the world market was down, there were loud calls. Brentcrude prices fell below $ 5 a barrel, and prices fell from $ 7 to $ 7 in the evening. After the New York price fell below $ 5 this evening, prices remained at $ 1.8 to $ 1.8 this evening.

After the US and Europe stock markets fell overnight on Monday, shocking stock markets were in the news today. Meanwhile, the jewelery market is now eyeing the central government's budget to be released on Saturday in India. The players are keeping an eye on whether the import duty on gold is being reduced in this budget, market analysts said.

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