Break the recession: Improvements in precious metals behind the world market

-

(Gujarat News Office) MUMBAI: Gold prices rebounded today in the Mumbai jewelery market on the back of a bearish break. World market news was showing a rebound from falling prices. Gold prices in the global market fell last week, the biggest weekly decline in nine months, and today was the news of the market rebounding from the bottom.

Gold prices in the world market today rose from ૭૬૪ 15 to ૭૬૫ 16 an ounce to ૭૭૫ 16 to 16. Behind gold, global silver also rose by ૭૯ 4.5 to ૭૯ 6.5 an ounce today, from ૨૫ 4.5 to ૮૮ 7.5 an ounce.

At home, Ahmedabad gold price rose by Rs 200 per 10 grams to Rs 900 at Rs 2.50 and Rs 200 per gram, while Ahmedabad silver price rose by Rs 200 per kg to Rs 300 today.

Platinum, meanwhile, traded lower at ૪૨ 105 to ૪૩ 105 an ounce from ૪૩ 105 to ૪૪ 105 an ounce today, while palladium prices fell further by લર 5 to 8 a barrel, hitting a high of ૨૫ 500 to ૪ 215 to ૫ 215 an ounce.

However, copper prices in the global market remained in the range of 0.7 to 0.30 per cent in the evening today, leading to a limited recovery in global silver prices, said world market analysts.

In the Mumbai jewelery market, gold today closed at Rs 7, excluding GST, at Rs 800, Rs 8.50, Rs 800 and Rs 4,131, while GST was three per cent higher.

Meanwhile, Mumbai silver prices today closed at Rs 500, excluding GST, from Rs 4 to Rs 4, while prices with GST were three per cent higher. Crude oil prices in the world market today were showing a slight decline amid narrow fluctuations heading higher. New York's main contract, light sweet crude for delivery in New York, traded at ૭ 61.8 to ૬ 71.50 a barrel and Brent crude traded at ૭૩ 4.50 to ૪૫ 6.5.

However, experts were also hoping that demand would pick up again. Meanwhile, according to the Band of America, world crude oil prices are likely to rise to ડો 100 next year. Options deals have started in China's crude oil market and it was reported today that foreign traders may join the deals.

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