CrudeTail prices plummeted to the bottom of the 18-year-old

- New York crude for under $ 25


Mumbai, Ta: 18 March 2020, Wednesday

In Mumbai jewelery market today, the bearish price hike was triggered by a recession. It was reported that gold prices in the world market, which fell below $ 5 a ounce, jumped $ 5 to the surface today. However, there was a fluctuation in the price of silver in the world market. On the domestic front, the dollar remained calm throughout the day amid fluctuations in the currency market against the rupee, while the British pound and the euro fell further. Meanwhile, the decline in crude oil prices in the world market today was the news of a tumultuous 3-year new low.

In the world market, gold came down to fundraising. Global gold prices were as high as $ 5.7 per tonne today, after falling as high as $ 1.8 in the evening. Meanwhile, gold prices in the Mumbai jewelery market closed at Rs 5 open at Rs 5 today at Rs 5 per gram without GST. While the price of Rs 5 was closed at Rs 5 today, it closed at Rs. 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 Kg, and in the evening the price was Rs 1 and the cash in cash was Rs. And with GST, prices were up 5%. In the global market, silver prices were up by $ 5 per tonne today.

Meanwhile, crude oil prices fell further in the world market today, with Brentcrude dropping from $ 8.5 to $ 5 in the evening, while New York's futures were down about 8 percent to $ 8 to $ 8. Marketmen said the price plummeted to a new low after 5.

According to Saudi Arabia, the export of crude oil through it will now be increased to 1 million barrels a day. This has led to the breakdown of crude oil prices in the world market. Meanwhile, new demand for crude oil has also slowed down as the Corona virus hit the business industry globally. According to Morgan Stanley and Goldman Sachs, the global recession recession is likely to go up further. The impact of this was also reflected in today's crude oil prices.

Meanwhile, in the Mumbai currency market today, there was news of the dollar closing higher at Rs 5 and lower at Rs 5, then finally closing at Rs. Meanwhile, against the rupee today, the price of the British pound fell further by 5 paise to Rs. While the euro prices were down by 5 paise today, it was 5.4 to 1.8.

Meanwhile, platinum prices were up 5 percent lower in the world market this week from $ 8 to $ 8. While palladium prices fell 5 percent to $ 5 to $ 8 in the evening, the price fell below $ 5. There were reports that the government decided to give $ 3.5 trillion stimulus to support the economy in the US following the deadly virus. Globally, the dollar index was raised today.

In Europe, borders were sealed. In the United States, the virus has been shown to increase unemployment in the wake of the virus. The prices of various metals were falling due to industrial demand in the world market. Copper prices fell four percent in the New York futures market this evening, while copper prices in the London market dropped below $ 3 a tonne of six-month delivery. There was news of copper stock rising 5 tonnes after Tuesday's rise.

Comments

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

Information about soymilk and casein products

The brokerage firm objected to SEBI's new proposal regarding Algo Trading