Gold falls: Silver doubles: Palladium jumps to 27 2,700

-

(Gujarat News Office) MUMBAI: Gold prices continued to decline in the Mumbai jewelery market today. While prices in silver rose again after initially breaking. There was news of a further decline in gold prices in the world market.

The rise in the dollar index in world markets was followed by encouraging consumer confidence data in the US, which was followed by news of a surge in funds selling in global gold. In today's world market, gold prices fell by લર 15 to ૭૬૬ 12 an ounce to ૭૫૬ 12-13 an ounce. The rupee's decline against the dollar in June was the biggest in 12 months, market sources said.

Meanwhile, in the Ahmedabad market today, gold prices fell by Rs 100 per 10 grams to Rs 900 from Rs 4.50 and Rs 200 from Rs 8.50. While Ahmedabad silver price today fell by Rs 200 per kg to Rs 4,000. Silver in global markets traded lower at ૨૫ 3.71 to ૮૩ 6.5 an ounce, up from ૨૫ 7.5 to ૮૩ 7.5 an ounce.

Palladium, however, surpassed થી 61 to ૨૬૭૨ 800 an ounce and crossed ડો 200, with prices reportedly hovering between ૨૭ 501 and ૨ 705 today. In the US, meanwhile, consumer confidence rose by 3.50 points to 19.20, hitting a new high since February 2020. Meanwhile, the private sector job growth figures released this evening were weak.

Meanwhile, in the Mumbai jewelery market, gold excluding GST closed at Rs 8, Rs 20 per ounce and Rs 4, at Rs 2,505, excluding GST, while prices with GST were 3 per cent higher. Mumbai silver bhavas today closed at Rs 205, excluding GST, from Rs 5 to Rs 5, while prices with GST were 3 per cent higher than this.

In the Mumbai currency market, the rupee weakened further against the dollar today as the dollar opened at Rs 4.5 against the rupee this morning, after hitting a low of Rs 4.5 and a high of Rs 5. At the end of the 5th day, the last closing price was Rs 4.5. The dollar rose another ten paise today. The impact of the downturn in the stock market was also felt on the rupee in the currency market, with the British pound depreciating against the rupee today and rising again to Rs 105. The British pound opened at Rs 104.5 today, after opening at Rs 103.5, then fell to Rs 103.5, then moved to Rs 107.05 in the last session and last closed at Rs 103.00.

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