Reduced funds in the world market have re-entered the fund
(Gujarat News Office) Mumbai, Ta. 27 February 2020, Thursday
Mumbai jewelery market was buzzing again after rising prices in the beginning. World market news showed fluctuations in precious metals. On the domestic front, the dollar and the British pound sank against the rupee in the currency market today, when euro prices were hit. In the global market, gold prices closed higher at $ 5 in the evening, while today's high of $ 0.5.
On the domestic front, the dollar in the currency market today fell by Rs 1.8 to the 5.7 porter high while the lowest price was at Rs. The dollar was down 5 paise today, while the British pound fell 5 paise to close at Rs. The British Prime Minister was shocked to hear of a British pound breaking into the world market today over the Brexit question.
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. However, with GST, prices were up 5%. In the global market, gold prices remained flat at $ 2.5 to $ 8 late this evening.
Silver, however, was trading lower at $ 5 a barrel and $ 1.3 higher in the evening. News of China's deadly virus spreading to various countries outside China was the result of gold-funded re-entry into the world market.
Meanwhile, in the Mumbai silver market today, the price of GST Tiger Kilo 1 closed at Rs 5 after opening at Rs 5 and in the evening the price was Rs 1 to 3 and in cash the price was Rs. Remained high. Platinum prices in the global market this evening were $ 2.5 to $ 8.5 and palladium prices were $ 8 to $ 8.
News of China's deadly virus outbreak is now on the verge of collapse of stock markets globally in various countries around the world. Against this, there were reports of government bonds and Treasury prices rising in various countries, while news of the Treasury's return-to-futures plummeted to a new low. Globally, the stock market was falling and gold was taking its toll. Copper prices in the world market remained soft this evening, with New York copper futures trading in the range of minus 0.6 to 5.5 percent this evening.
In the London market, the price of copper remained at $ 6 to $ 6 a tonne of 6-month delivery. Copper stock was down 8 tonnes today. Domestic zinc Hindustan Zinc today reduced zinc prices by Rs. While lead prices were reported at Rs.
Amid fears of a decline in demand for crude in the wake of Corona virus infestation globally, crude oil prices in the world market fell by around 5 percent today, and Brentcrude prices fell below $ 0.15 in the evening. While New York prices fell below $ 5 a barrel in the evening, it was $ 1.8 to $ 8.
Meanwhile, Britain's prime minister has warned Europe over the Brexit question, saying Europe has signed similar free-trade agreements with Canada. British pound prices have dropped today following the news that Britain will fly off the negotiating table if such agreements are not signed with Britain through Europe. Global holdings of gold ETFs are on the rise. Moody's predicted global recession. In the Mumbai market, the price of gold went up by Rs. 3 to Rs.
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