- Gold-silver prices rise again

-

Mumbai, Ta. 29 September 2020, Tuesday

The back of the world market saw a big jump in gold and silver prices. Corona has led to renewed lockdowns in various parts of the world. The rupee was weakening in the domestic currency market while crude oil was seen declining.

In the domestic market, gold in the Mumbai market, which is Rs 4.50 per ten grams excluding GST, improved from yesterday to Rs 205 today.

Gold was trading at Rs 705, up from Rs 4.50. Prices with GST were quoted three per cent higher. Silver. The price of a kilogram which was Rs. 2051 yesterday was more than Rs. 2000 and closed at Rs. Prices were three per cent higher with GST.

In the Ahmedabad market, gold rose by Rs 500 to Rs 31,600 per ten grams and closed at Rs 21,400 per 8 grams. Silver.2 The price of one kg rose by Rs 1,200 to close at Rs 30,000.

The price of an ounce of gold in the world market was ૮૬ 161 to ૮૮૯ 16 an ounce. Silver traded at ૨૪ 6 an ounce, up from ૩ 4.05 an ounce in late trading. The other precious metal, platinum, was trading at ૮૬૪ 4, up from ૮૬૪ 5, while palladium was trading at ૨૨૩૨ 8, up from 4.

In the US, positive reports of Corona stimulus have been circulating in the funded gold. Stimulus may force additional dollars to be printed.

In the Mumbai currency market, the dollar rose by five paise to Rs 2.8, the pound by 20 paise to Rs 3.11 and the euro by 50 paise to Rs 6.5. The absence of new buyers in crude oil has seen prices come under pressure. New York crude was trading at 70.5 a barrel, while Brent was trading at 4.5.


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