Gold and silver and the dollar back
(Gujarat News Office) Mumbai, Ta. 26 February 2020, Tuesday
The gold and silver prices in the Mumbai jewelery market today witnessed a steady decline. The news of the world market was backward. The domestic currency market also saw a drop in the dollar against the rupee today. As a result of the decline in the import cost of domestic metals, the declining market from the high headquarters in the jewelery market today was selling the psyche due to lack of new demand.
In the global market, gold prices were below the dollar at $ 5 today, while prices were up by $ 8 to $ 8 in the evening. In the currency market today, the dollar price closed at Rs. 5.7, lower than the open price, and then closed at Rs. The dollar was down 5 paise today while the British Pound fell 5 paise to Rs. The euro prices were up 4 paise today from 1.8 to 1.8. In the global market today, silver prices fell below the dollar by $ 5 a barrel, and prices fell from $ 8 to $ 8 in the evening.
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 6, it was closed at Rs. While prices with GST were higher by 5%.
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 up by about Rs. In the global market, gold prices remained flat at $ 1.8 to $ 1.8 in the evening and silver at $ 0.5 to $ 1.8.
While platinum prices were down from $ 8 to $ 8 in the evening, the dollar that fell below the ounce of palladium remained at $ 8 to $ 8 this evening.
Copper was soft. New York Copper futures prices were down this evening from 8.5 to 8.5 percent. CrudeTail prices were buzzing amid fears that China's deadly virus outbreak could diminish demand in the world market. Brentwood prices were down about two percent today, with barrels barreling down from $ 5 to $ 5.7 in the evening, while New York prices were down two-and-a-half dollars to $ 2.5 in the evening.
According to world market news, there was news of a high alert in Europe following a virus-positive case in Greece following the virus. The US stock market has lost nearly two thousand points in Baldwin.
In four days, the markets have lost about 4-5%. All the growth that has taken place in the market this year has been washed away. The dollar index against the basket of liquid currencies in the world market was in the news.
The US Department of the Centers for Disease Control and Prevention has asked the CDC to beware of the deadly virus in China by the CDC. This led to widespread panic in US stock markets late Tuesday. However, there were reports that the White House had told the public not to panic.
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