Platinum prices jump to six-year high

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(Gujarat News Office) Mumbai, Ta. 10 February 2021, Wednesday

The Mumbai gold-silver market witnessed a rebound today on rising prices. World market news was showing a decline due to rising gold-silver prices. However, short supply of platinum in the global market today pushed the price from à«® 1,150 to à«® 1,171 an ounce, surpassing the 1,300 level, hitting a six-year high of ૨૨૭ 16 to સાંજે 12 in the evening, world market analysts said.

Meanwhile, gold prices in the world market fell from ૮૪૨ 15 to આજે 16 today to ૮૩૮ 16 to સાંજે 17 in the evening, while silver prices in the world market today fell from ૨૭ 2.50 to ૬ 2.31 to ૨૭ 2.15 to à«® 2.15.

Even at home behind the world market, prices were under pressure today. In the Ahmedabad market, silver fell by Rs 1,200 per kg to Rs 2,000 today.

Ahmedabad gold prices were quoted at Rs 200 for 10 grams at Rs 2.50 and Rs 200 for 2.50. In the Mumbai market, silver without GST was trading at Rs 6 per kg, while gold was trading at Rs 21 per kg, Rs 8.50 per kg and Rs 20 per kg.

The prices of these two precious metals, including GST, were 3 per cent higher than this. Meanwhile, palladium prices in the world market rose from ૨૩૨૪ 6 to વાળા 7 an ounce to થી 60 to આજે 71 this evening. Thus, the world market today saw a rise in the price of palladium and platinum along with the fall in gold and silver prices.

Stimulus hopes have risen in America. In the Mumbai currency market, the rupee touched a high of Rs 4.5 against the dollar and a low of Rs 4.51 against the dollar. Thus, the dollar fell 3 paise today.

The dollar index also remained soft in world markets. Meanwhile, US crude oil stocks fell by 3 lakh barrels to 31 lakh barrels, the American Petroleum Institute said, adding that such stocks were in fact expected to rise by 4 lakh 6 thousand barrels. Meanwhile, global crude oil prices rose to à««à«® 6.5 a barrel in New York and Brent crude to ડો 61.81 a barrel in the evening trade.

Meanwhile, Bitcoin prices in the world market today remained on a bearish reaction. Prices, which were hovering above ૪૮ 6,000, were trading at ૪૬૫૫ 40-50 today. There was a sell-off at the high end. Tesla has bought Bitcoin. But other companies are less likely to make such a purchase, J.P. There were instructions to tell Mowne.

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