Like a surge in precious metal prices

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(By commercial representative) Mumbai, Ta. 19 August 2020, Wednesday

Behind the world market, the price of precious metals rose sharply. The rupee weakened in the currency market, while crude oil was affected by the economic slowdown. The US dollar construction index has seen an increase in construction sector data.

At home, in the Mumbai market, the price of ten grams of gold without GST fell by Rs 500 to Rs 4,150 per 10 grams, while the price of 6.50 per gram fell to Rs 5 from Rs 515. Prices with GST were quoted three per cent higher. Behind gold, silver was down by Rs 5 to Rs 205 per kg.

In the Ahmedabad gold and silver market, gold fell by Rs 1,000 to Rs 200 from Rs 2.50 and Rs 2,000 from Rs 8.50. Silver.2 The price of one kg was Rs.

In the global market, the price of an ounce of gold fell below ૨ 6,000 to ૯૮૫ 15, while the price of silver was ૨૭ 2.8 an ounce, up from ૨૮ 2.15. The rupee was weakening against global currencies in the Mumbai currency market. The dollar was up 5 paise at Rs 2.7, the pound was up 9 paise at Rs 7.5 and the euro was up 5 paise at Rs 2.31. In New York, crude oil was trading at ૫૪ 2.4 a barrel, while Brent was trading at ૯ 4.05.


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