Gold lending in silver by speculators in the world market

-

(By commercial representative) Mumbai, Ta. Monday, July 20, 2020

Earlier in the week, gold and silver prices witnessed a bearish weather amid sluggish weather. Both the precious metals saw modest fluctuations compared to last weekend. The rupee strengthened against the dollar. While the rupee was weakening against other currencies. Lack of buying in crude oil has not seen much growth in prices.

At home, the GST-free price of 10.50 per ten grams of gold in the Mumbai market, which closed at Rs 5,110 last weekend, fell modestly to Rs 3,050 today. Gold was down slightly by Rs 30 to Rs 315 from Rs 20 at Rs 2.50. Prices with GST were quoted three per cent higher. Silver. The price of one kg improved by Rs. Prices with GST were quoted three per cent higher.

In the Ahmedabad market, gold was trading at Rs 30,600 per ten grams and Rs 30,800 per 7.50. Silver was quoted at Rs.

Gold was trading at ૮ 1,210 an ounce in the global market late this evening at ૮ 1,215 an ounce, while silver was trading at ૯ 16.81 an ounce, up from ૯ 12.5 an ounce. The other precious metal, platinum, rose from ડો 50 to ૮૪૯ 8, while palladium was quoted at ૨ 305 an ounce, up from 4,050. Speculators in the world market were reported to be reducing the debt in gold and increasing it in silver.

In the domestic currency market, the dollar fell by 16 paise to close at Rs 2.31 against the rupee, while the euro rose by 3 paise to Rs 2.50 and the pound by 3 paise to close at Rs 2.15. The euro also hit a four-month high against the dollar. New York's main contract, light sweet crude for delivery in New York, was trading at ૪ 70.5 a barrel and Brent crude at 2.50 a barrel.


Comments

Post a Comment

Popular posts from this blog

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

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

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

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more