In one year, Rs. 12000 and Rs. A surge of 16000

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(By commercial representative) Mumbai, Ta. 12 November 2020, Thursday

On the eve of Dhanteras, domestic gold saw a decline today behind the world market. The rupee saw mixed flows against the global currency. Prices eased on expectations of lower demand for crude oil. However, in the Mumbai market, since the eve of Dhanteras 2016, on the eve of Dhanteras this year, the price of gold has gone up by Rs 15,000 per ten grams and the price of silver by Rs 15,000 per kg.

Gold was softening on the eve of Dhanteras in the domestic Mumbai market today. Gold, excluding GST of 10.50 per ten grams, which had closed at Rs 30,605 yesterday, fell to Rs 3,050 and closed at Rs 305. Gold was trading at Rs 30,605, up from Rs 30,605. Prices with GST were quoted three per cent higher. Silver. The price of one kg without GST was Rs. Prices were quoted three per cent higher with GST.

In the Ahmedabad market, gold fell by Rs 500 to Rs 21,200 at Rs 2.50 and Rs 4,100 at Rs 4.50. Silver fell by Rs 200 to Rs 200 per kg.

Gold was trading at ૮૭૪ 120 an ounce and 14 an ounce, while silver was trading at ૨૪ 2.15 an ounce. Platinum fell from ૮૮૫ 6 to ૮૭૨ 6, while palladium fell from ૨૪૫૮ 3 an ounce to ૨૩૪ 60.

In the Mumbai market, from the eve of Dhanteras 2016 to the eve of Dhanteras this year, gold has lost Rs 15,000 per ten grams and silver Rs 15,000 per kg.

In the domestic currency market, the dollar rose by 3 paise to Rs 2.7, the pound by 2 paise to Rs 2.50 and the euro by 3 paise to Rs 2.15. According to the International Energy Agency, daily demand for crude oil is expected to fall by 3 lakh barrels this year. This was followed by a softening in crude. New York crude was trading at 61.8 a barrel, while Brent crude was trading at 4.5.

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