Global gold-silver prices broke with rising headlines

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(Gujarat News Office) MUMBAI: The bullion market in the Mumbai jewelery market was officially closed today due to Saturday. However, gold and silver prices declined on the back of global markets, market sources said.

Gold prices fell sharply to ૭૭૮ 12-13 an ounce after hitting ૭૮૮ 12-13 an ounce in the world market last week. Global silver prices rose from ૨૬ 6/7 to ૨૬ 7 / - to ૨૬ 7 / - to ૨૬ 6/7 / - to ૨૬ 6/7 / - / ounce, then from ડી 5 / ૬ to ૨૬ 5 / ૭ / / / / / / / / / / / / /.

The data, which signaled a rise in inflation in the US, was accompanied by news that the market had fallen short of expectations, leading to a slowdown in global markets and a slowdown in new fund buying. In Ahmedabad jewelery market, silver prices rose by Rs 500 to Rs 30,000 per kg today.

In the Mumbai jewelery market, gold excluding GST was at Rs 800 per 10 grams at Rs 800 in 2013, while the price of 7.50 per gram was Rs 4,000 at Rs 305, while the price with GST was three per cent higher. Meanwhile, Mumbai silver prices were quoted at Rs 200 per kg excluding GST in the closed market today. While prices with GST were three per cent higher than this. Ahmedabad gold prices were trading at Rs 900 at Rs 2.50 and Rs 700 at Rs 8.50 today.

Meanwhile, the price of platinum in the world market fell from ૧ 1,110 to ૧ 1,111 an ounce to ૮ 1,105 to ૯ 1,109 an ounce and last traded at ૧ 1,110 to ૧ 1,111.

While the price of palladium dropped from ૨૬૩૪ 6 to ૨૬૩૫ 7 an ounce to ૨૬૩૩ 4 to ૨૬૩૪ 5, it was again quoted at થી 70 to અંતે 71 over the weekend. The dollar's global index, which rose from 41.9 to 41.9, was last reported to be 41.3 to 71.8.

New York's main contract, light sweet crude for delivery in New York, traded up ૫૪ 6.5 a barrel to 6.05 a barrel, while Brent crude traded up ૬૨ 6.5 a barrel, hitting 6.15 a barrel.

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