Gold, silver rise sharply in dollar: crude lost 2 percent
(Gujarat News Office) Mumbai, Ta. 18 February 2020, Tuesday
Shocking prices were up sharply in the Mumbai jewelery market today. World market news was booming. In the domestic currency market today, the impact of the rupee against various currencies was also seen on the jewelery market. As a result, import of precious metals from domestic imports had risen. And in the wake of this, prices in the jewelery market were up.
In the global market, demand for gold in the global markets has plummeted as the US and European stock markets plummeted and bonds and treasury raises. Following this, gold prices in the world market today went up to $ 8 in the evening, after falling $ 1.0 in the previous session. In the global market, gold prices also went up by $ 5 to the dollar in the previous session.
The rupee had plummeted in the Mumbai currency market today. The rupee fell in the currency market today, amid a downward trend in the Mumbai stock market. Moody's lowered India's growth rate by 8.5 percent, but it also had an impact on the currency market today. Meanwhile, Moody's also cut the Asia-Pacific region's growth forecast to a staggering 5.5 percent today.
In the currency market, the dollar closed at Rs. Dollar prices were up by 8 paise today. While the British pound price was up by 2 paise, it was Rs. While the euro prices were up by 8 paise, it was Rs.
According to world market news, the Apple and American companies have plunged stock markets into the global market today, predicting that Apple's sales will be lower than expected, and HSBC directs to reduce staffing. Gold prices were up against this. Platinum prices went up from $ 8 to $ 5 this evening.
While palladium prices jumped to $ 5 a ounce, news was up this evening at $ 8 to $ 8. Meanwhile, the government has cut interest rates for up to a year's credit, according to the latest news. Many American companies located near Shanghai have resumed production operations. However, there is still a shortage of workers. Meanwhile, according to JPMorgan, Europe's stock markets are likely to go higher.
To this end, the British Prime Minister's personal assistant to Europe was critical of criticizing Europe. There were reports of British pound prices crashing in the world market, before the break-up talks between Britain and Europe began. There were also reports that the Chinese government had decided to reduce the duty on numerous items imported from the United States.
Meanwhile, in Mumbai jewelery market today, gold prices closed at Rs 5, Rs 5 and Rs 5 off Rs 5, without GST of 5 grams. However, with GST, prices were up 5%.
Meanwhile, in Mumbai market today, the price of Lachhandi closed at Rs 5, without the GST of Rs 5 per kg, in the evening, the price was Rs 1 to 3 and in cash the price was Rs. However, with GST, prices were up 5%.
In the world market today, prices of copper were rising again as the prices of copper plummeted. Crude oil prices were down nearly two points today. Brentcrude prices were down from $ 5 to $ 7.2 a barrel in the evening, while New York prices fell from $ 8 to $ 8 in the evening.
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