Strength in gold and silver: Rupee strengthens against major currencies

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(By commercial representative) Mumbai, Ta. 30 June 2020, Tuesday

At home, gold and silver prices remained firm on the back of global markets. World markets saw gold fluctuate by five dollars while silver saw a modest improvement. The dollar index, which was better than expected, saw an increase in the dollar index. The rupee strengthened against major currencies in the domestic currency market. China's PMI data saw a surge in copper coming in good.

In the Mumbai market, gold was trading at Rs 4.50 per 10 grams, excluding GST, at Rs 50, closing at Rs 20 and Rs 5 today. The price of 3.50 was Rs 5 to close at Rs 5. Prices with GST were quoted three per cent higher. Silver. The price of a kilogram of GST was Rs.

Prices with GST were quoted three per cent higher. In the Ahmedabad jewelery market, gold rose by Rs 500 to Rs 30 per ten grams and Rs 30,700 per ten grams. Silver. 2 per kg increased by Rs. 200 to Rs.

Gold traded lower at ૭૭૨ 18 an ounce and 16 an ounce late in the day, while silver was trading at ૭ 16.7 an ounce. The rupee strengthened against major currencies. The dollar had lost eight paise to Rs 2.50 since yesterday's close, the pound had lost 21 paise to Rs 7.5 and the euro had lost eight paise to close at Rs 4.5.


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