In two days, gold fell by Rs 1,100 and silver by Rs 2,000

-

(Gujarat News Office) MUMBAI: Gold and silver prices continued to decline in the Mumbai jewelery market today. World market news was showing signs of recession. With global imports falling and domestic imports falling, falling prices in the country's jewelery markets have kept sellers high and buyers low for the past two days, experts said. In the Ahmedabad jewelery market, gold prices fell further today to below Rs 2,000 per 10 grams.

Gold prices in the world market today fell from ૭૮ 151 to ઔ 15 an ounce and were reported to be at ૭૭૯ 16 to 12 an ounce. Behind gold, global silver also fell further by 4.5 to ૨૯ 7.5 an ounce, from ૫ 4.05 to ૬ 2.09 today. In the United States, there were indications that government bond purchases would be further reduced after the Federal Reserve signaled early growth.

In the Ahmedabad jewelery market, gold prices fell further by Rs 500 per 10 grams to Rs 500 from Rs 2.50 and Rs 2,000 from Rs 4.50. While Ahmedabad silver price today fell by Rs 200 per kg to Rs 30,000. In the Ahmedabad market, gold prices fell by Rs 1,100 and silver by Rs 2,000 in two days, market sources said. Meanwhile, prices of other precious metals also plunged in the global market today.

Platinum prices fell from ૯૨ 106 to ૯૩ 105 an ounce to ૭ 1,081 to ૭૨ 105 an ounce today, while palladium fell from ૨૬૮૬ 6 to ૨૬૮૭ 8 an ounce to અંદર 6 to ૨૫૨૮ 7 an ounce, indicating stagnation. Meanwhile, gold prices in the Mumbai jewelery market today closed at Rs 705, excluding GST, from Rs 7.50 to Rs 4, 2013. While the price of 7.50 was Rs. While prices with GST were three per cent higher than this.

Meanwhile, Mumbai silver prices closed at Rs 5, excluding GST, at Rs 5 today, while prices with GST were three per cent higher. The retreat in crude oil in the world market today also had an effect on gold. Crude oil prices fell by more than half a per cent today.

New York's main contract, light sweet crude for delivery in New York, was trading at ૪ 70.50 to ૭ 70.5 a barrel, while Brent crude was trading at 4.50 to ૪૫ 7.5 a barrel. Global copper prices were further in the minus 0.50 to 0.5 per cent this evening and the impact was felt by the global silver market.


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