The downturn in the jewelery market shines a bullish momentum
(Gujarat News Office) Mumbai, Ta. 13 February 2020, Thursday
Gold prices fell sharply on the eve of Valentine's Day in the Mumbai jewelery market today. Demand for Valentine's Day was particularly high in the silver market today, while demand in the gold market was slower than expected. According to Diamond Market analysts, this time the demand for Valentine's has been less than last year. Meanwhile, there were reports of a precious metal shaking again in the world market today.
According to the World Market News, there was a flurry of withdrawal of fundraiser to reduce gold in the world market amid directives of China's deadly virus infestation rising again. Meanwhile, gold prices in the world market today fell by $ 5 a barrel, while the high went up by $ 5 in the evening.
In the global market, gold prices fell below the dollar today by $ 1.3, while the high was $ 4.3. The backdrop of the world market was also witnessed a boom in the jewelery market today. Meanwhile, the rupee had softened against various currencies in the Mumbai currency market today.
In Mumbai's jewelery market, gold prices today closed at Rs 5, up by Rs 5, without a GST of 5 grams while the price of Rs 5 closed at Rs 5 with Rs 5 being Rs 5. Were. However, with GST, prices were up 5%.
Meanwhile, in the Mumbai market today, silver prices closed at Rs 5 per kg without the GST of 5 kg and in the evening the price was Rs 1 to 3 and in cash the price was up by about Rs 3 to 6 and the price with GST was higher. 5 percent was high.
Meanwhile, in the currency market today, the dollar prices were closed at Rs. The price of the British pound fell by 5 paise to 7.8 today. While the euro was down 5 paise, it was Rs.
Meanwhile, platinum prices in the world market today went up from $ 8 to $ 5 per ounce. While palladium prices rose from $ 5 a barrel to $ 8 to $ 8 an evening. The crude was soft. Crude oil prices fell 5.7 percent to 7.4 percent of Brentcrude's barrels this evening, from $ 8 to $ 8. While New York prices were down 5 to 8.5 percent, the evening price was $ 5. Crude oil and copper prices came under pressure again as China's killer virus infestation increased.
New York copper futures were up 5 percent this evening, while copper prices in the London market remained at $ 6 to $ 6 a tonne of six-month delivery. Copper stock was down 5 tonnes there. Hindustan Zeke was reported to have cut zinc prices by Rs 5 and lead by Rs 5.
Meanwhile, US and Europe stock exchanges were shaking in the global market today as China's deadly virus infestation increased, while bonds, treasuries, gold and Japanese currency's yen prices went up.
In the world market, the price of the British pound rose from 8.5 to 8.5 percent today. British pound prices have plummeted in the world market today amid discussions that the passage of Britain's chancellor has now eased the way for pachy-fescal-salesy stimulus.
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