Gold and silver spiked: Palladium fell four percent

(Gujarat News Office) Mumbai, Ta. January 21, 2020, Tuesday

Gold prices in the Mumbai jewelery market fell sharply after opening higher today. The news of the world market was buoyant. The domestic currency market today weakened against the rupee against the dollar, the British pound and the euro. Rupees were under pressure in the currency markets, with the stock market declining and weak signals about India's economy growing.

Meanwhile, the dollar index in the world market was gaining momentum, with the fund rising in gold. In the global market today, gold prices were $ 5 at the high of an ounce, followed by a lower of $ 5, and an evening price of $ 5 to $ 5. In the currency market today, the dollar prices were closed at Rs. Dollar prices were up by 8 paise today.

When the British pound price surpassed Rs 8, the last one saw a rise of 8 paise to close at Rs 1.8 to 1.8. Meanwhile, the euro prices rose by 5 paise today to Rs. Pounds and euros are rising in the currency market, with Brexit coming into effect on January 7, market analysts said.

In the Mumbai jewelery market, gold prices today closed at Rs 5, without a GST of 5 grams, at a high of Rs 5. While the price of 1.8 was closed at Rs. However, prices with GST were higher by 5%.

Meanwhile, silver prices in Mumbai market today fell by Rs 1 to Rs 5 per kg without the GST of kg. However, with GST, prices were up 5%. In the global market, silver prices fell by $ 5 to $ 6 a barrel, while the silver was trading up from $ 8 to $ 8 in the evening.

Meanwhile, the price of palladium broke the record high by about three and a half to four per cent. Palladium prices were down from $ 5 to $ 8 in the lower half of the $ 5 a barrel, and prices were down from $ 8 to $ 8 in the evening. The buoyancy of the auto industry's new demand for boom has sparked a buzz in the world market today.

Meanwhile, platinum prices were also down from the high of $ 4.5 to $ 8 an ounce this evening. Copper futures prices were down in New York this evening, with the futures falling 8.5 to 8.5 percent. Copper prices were reflected in rising fears of a killer virus in China. Crude oil prices were also reported.

Brentcrude prices in the world market, which was close to $ 5 a barrel, were up from $ 8 to $ 8 a barrel today. The prices were up by 1.5 percent today. New York prices fell between $ 1 and $ 6 a barrel in the evenings, and prices ranged from $ 8 to $ 8. Meanwhile, trade agreements between the United States and France were met for not imposing tariffs in the digital dispute.