Four percent again in crude oil
(Gujarat News Office) Mumbai, Ta. 11 March 2020, Wednesday
Gold prices fell in the Mumbai jewelery market today. Silver prices continued to hit narrow fluctuations. Meanwhile, crude oil prices, which rose 5-7 per cent on Tuesday, fell again by 5 per cent today. Brentcrude prices fell from $ 8 to $ 5 this evening, while New York prices fell from $ 8 to $ 8 in the evening.
The news that Saudi Arabia has decided to increase its production capacity after the decision to increase its production of crude oil was reported today. In addition, the UAE UAE also received directives for a decision to increase crude oil production today.
Russia is also expected to increase production. In the wake of this, the supply of crude oil globally plummeted again in the midst of a significant increase. Goldman Sachs has forecast crude prices to fall to $ 5-7.
Meanwhile, in the Mumbai currency market, the dollar price rise against the US dollar fell sharply to Rs. Gold prices in the world market on Tuesday night fell 5 to 5 dollars after falling to a low of $ 5 today.
On the global market, silver prices fell below the low of $ 6.5 to $ 1.3 on Tuesday night, while today the price has gone down to $ 5.
In the currency market today, the dollar prices were down by 5 paise to 1.8 per cent while British pound prices fell by 5 paise to Rs. The euro prices today fell by 5 paise to Rs. According to world market news, the Bank of England has cut interest rates. While the Central Bank of Europe has signaled the global economy is being affected by the Corona virus.
Prices plummeted again as US stock markets plummeted today, with news of the dollar falling against the basket of different currencies globally. Crude oil prices were on the upswing as prices continued to fall again today.
Meanwhile, in the Mumbai jewelery market today, gold prices remained at Rs 5 without the Gram of 5 grams, while the price of Rs 5 closed at Rs 6 with the GST closing at 5 per cent while the price with GST remained 5% higher. General Chat Chat Lounge
Meanwhile, in the Mumbai market today, silver prices remained unchanged at Rs 5 with the GST of 5 kg being closed at Rs 5, and in the evening the price was Rs 5 to Rs 5 in cash and in cash the price was Rs. The percentages were high. Shares in the world market were buzzing when bond prices went up. The backdrop was visible in Treasury returns.
Meanwhile, platinum prices in the world market today were $ 8.25 an ounce. While palladium prices dropped below $ 5 in the evening, it was reported to be $ 5.5 to $ 1.8. Copper declining New York copper futures prices remained in the range of minus 8.5 percent this evening.
A serious improvement in the Indian rupee against the American dollar
The Indian rupee against the US dollar against various calamities has seen a serious improvement today after the Indian rupee hit a seven-month low.
Previous Date After the rupee collapsed to the bottom of the 8th on March 7, the intervention by the Reserve Bank to curb volatility in the futures market today, and the rupee-selling rupee, has improved rapidly.
At the opening of the day's trading today, the intra-day high touched 5.9 and closed at 5.1, after touching a low of Rs. Which shows a serious improvement of 3 paisa.
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