Double the discount on gold

-

(By commerce representative), Mumbai, Ta. 25 December 2020, Friday

Discounts offered to jewelers on gold have increased due to declining demand after Diwali. Despite the wedding season, the demand for gold in the country has not increased as expected, which has led to a doubling of the discount on gold from one dollar per ounce to two dollars. The Mumbai market was closed for Christmas, but private markets saw an improvement in gold and silver prices.

At the domestic closed market in Mumbai, the price of 10 grams of gold, excluding GST, which was Rs 2.50 yesterday, was Rs 7,000 yesterday and Rs 30,000 in private today. The price of ten grams of GST excluding GST of Rs 2.50 was Rs 30,200 with Rs 5. Prices were quoted three per cent higher with GST. Silver. The price of one kg excluding GST was Rs. 300 in private with Rs. Prices were quoted three per cent higher with GST.

In the Ahmedabad market, gold rose by Rs 100. Rs 21,600 for Rs 2.50 and Rs 31,200 for Rs 2.50 were deposited. Silver remained steady at Rs 2,000 per kg.

Jewelers are being offered a discount of more than ડો 1 per ounce on gold by importers who do not demand a wedding at home. In China, the discount figure is à«® 15 to ૨ 20, while in Hong Kong, Singapore and Japan, market circles are saying that the price is being quoted at a premium due to Christmas demand.

વિશ્વ 16 per ounce of gold in the world market. Silver was trading at à«­ 3.31, down from à«­ 2.81. Platinum rose from ૨૩ 105 to ૨૬ 105, while palladium was trading at ૨૩૪૨ 6 an ounce late in the evening. Prices were higher in the world market amid fan operations.

In crude oil, New York was trading at ૪૮ 2.7 a barrel, while Brent crude was trading at 21.8. The local currency market was closed for Christmas.

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