Ahmedabad gold stood at Rs 900 and silver at Rs 1,800
(Gujarat News Office) Mumbai, Ta. March 14, 2020, Saturday
The bullion market was officially closed on Saturday due to the stock market in Mumbai jewelery market. In the closed market, however, gold and silver prices fell behind the world market. Meanwhile, gold prices in the Ahmedabad market today fell by Rs 5 per gram to Rs 5 and Rs 5 to Rs 5, while in the Ahmedabad market silver prices fell further to Rs 5 per kg.
On the global market, silver prices were down from $ 5 to $ 5 a barrel at $ 5.5 on the weekends. Domestic silver market players were reportedly shocked amid reports that silver prices had fallen by around 3-5 percent on Friday night amid concerns that China's deadly virus could hit industrial demand in the spread of silver globally.
In the global market, gold prices were also lower at $ 5 to $ 5 a week, while the price was $ 8 to $ 5. Market data said gold and silver in the world market have never seen a slowdown this week.
Globally, the dollar index against the basket of different currencies has been boiling around 7.5 to 7.5 on the weekend, and there has been talk of a sell-off in fundraisers in the world market over dollar index raising. World market forecasters were showing that the Federal Reserve is scheduled to meet in the United States next week, and interest rates will be further reduced there. There are various steps taken by the Central Bank to support the ecosystem in Europe.
Meanwhile, in the bullion market today, gold prices were closed at Rs 5 per 5 grams without GST at the closed market. While the price of Rs 5 was Rs. However, with GST, prices were up 5%. Meanwhile, in the Mumbai market today, silver prices were said to be Rs 5 per kg without GST of 5 kg, while cash in cash was almost Rs 6 higher than this price and prices with GST were 5 percent higher than this price.
Meanwhile, while lifting the dollar index in the world market, Gaurangan today found directives in the currencies of the Mumbai currency market against the rupee against the rupee, which had risen from Rs 1.8 to Rs 5, to Rs 5 Kudavi at Rs. Meanwhile, platinum prices in the global market finally fell to $ 5.5 to $ 8 a barrel over the weekend. When palladium prices finally dropped below $ 5 a ounce, there were reports of P1.5 to $ 8.
In the world market this week, Bitcoin prices have fallen by about 5 percent while gold prices fell by 3 percent, silver by 3 percent, palladium by 5 percent and platinum by 5 percent, market analysts said. Meanwhile, crude oil prices in the world market shook prices from bottom to bottom. The president of the United States has reported the rise in crude oil prices to lower crude oil in the US to create a strategic reserve in the United States.
In the world market, Brentcrude prices went up from $ 1.8 to $ 6 per barrel, while prices lasted to $ 1.8, while New York prices went up from $ 1.8 to $ 8, and prices finally went up to $ 8.5. The overall decline in crude oil prices in the world market this week was the biggest decline since the week.
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