- Gaps in the world market in precious metals other than gold

-


Palladium and platinum, industrial metals, also fell amid fears of a recession.

(By commercial representative) Mumbai, Ta. 30 July 2020, Thursday


At home, gold improved on the back of global markets, while silver rallied. Prices of precious metals other than gold fell in the world market. Global prices of industrial metals such as silver, platinum and palladium plummeted on expectations of declining industrial demand. With the GDP figures of various countries weakening, the world saw a decline in crude oil as a sign of economic slowdown. While there is no special demand for the dollar in the domestic currency market, prices have stagnated as a result.

In the domestic Mumbai market, the price of 10 grams of gold without GST, which was Rs 310 yesterday, closed at Rs 5,150 and today it is closing at Rs 303. The price of gold at Rs 4.50 was Rs 5 from Rs 4 in 2013. Prices with GST were quoted three per cent higher. Silver. The price of a kilogram fell to Rs. Three per cent higher prices were quoted along with GST. In the Ahmedabad jewelery market, silver fell by Rs 200 to Rs 500 per kg. Gold rose by Rs 500 to close at Rs 800 for a ten gram and Rs 2,000 for a ten gram gram of Rs 4.50.

Gold in global markets remained steady at ૯૫૬ 15 an ounce, while silver fell from ૨૪ 2.50 an ounce to ૨૩ 6.5 late in the evening. Palladium, the other precious metal, fell from ૨૨૫૩ 8 an ounce to ૨ 303, while platinum traded at ૯ 711 an ounce. Prices have plummeted on heavy selling in precious metals, a sign of declining industrial demand. There were also reports that China was considering taking steps to stem the rise in gold.

In the domestic currency market, the dollar rose by 3 paise to close at Rs 4.5. The country's weak imports have weighed on demand for the dollar. The other major currencies, the euro, rose by 3 paise to Rs 2.8 and the pound by 20 paise to Rs 2.15.

Crude oil prices were weighed on expectations of lower industrial demand. New York crude was trading at ૪ 70.50 a barrel and Brent was trading at ૯૫ 4.5.

Comments

Post a Comment

Popular posts from this blog

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

Detailed information about the descalant sulfamic acid

-
Image
- Industrial guidance-long description Boiler scale: When hard water is heated or evaporated inside the boiler walls and tubes, the calcium carbonate, calcium sulfate or other minerals in the hard water are deposited on the boiler walls or tubes after the water is evaporated. If this boiler scale is not removed from the boiler, the life of the boiler ends. That is why soft water is used in most boilers. (treated to remove calcium and magnesium ions before use). Hard water: Hard rock type soils will rot over a long period of time if the water does not contain low percentages of calcium, magnesium carbonate, bicarbonate sulfate or chloride. Degree of Hardness: Grains per gallon or parts per million (ppm) of calcium to measure water hardness. (1 grain of cac03 per gallon is equal to - 17-1 ppm) Up to 5 grains is considered soft water. More than 30, grains is very hard water. The impurity shown above can produce boiler scale. Also can make metal coossive. The temporary hardness can b
Read more