Global gold lost સપાટી 1,800

-

(Gujarat News Office) MUMBAI: The bullion market in Mumbai jewelery market was officially closed today following a bank holiday. However, prices remained soft in the closed market. There was news that the price of gold fell again to below જેવા 1,200 an ounce. The global silver price also fell below ૨૫ 8 an ounce today.

Jewelery markets today saw more sellers and fewer buyers as the cost of importing precious metals fell sharply amid a global market slump. With the dollar index rising again in the global market and the yields of US bonds and treasury also rising again, the price of gold in the world market today fell from ૮૨૨ 15 to ઔ 16 an ounce to ૭૯૭ 15 to ૭૯૮ 12 an ounce.

On the back of gold, global silver also declined by ૨૫ 2.15 an ounce to ૨૫ 2.15 an ounce, from ૯૯ 4.5 an ounce today. At home, gold prices fell by Rs 200 per 10 grams to Rs 300 from Rs 4.50 and Rs 700 from Rs 4.50 in the Ahmedabad jewelery market today. While Ahmedabad silver prices fell by Rs 200 per kg to Rs 200 today.

Platinum prices in the world market ranged from ૬૯ 1050 to ૭ 1,050 per ounce to ૭ 1,050 to ૭ 1,071 an ounce, while palladium prices jumped from ૨૫૯૨ 6 to ૨૫૯૩ 8 an ounce to ડો 500 and were quoted at ૨૬૫ 6, up from ૨૬૫ 31 today. In the Mumbai market today, gold was trading at Rs 80, up from Rs 305 per ounce, excluding GST. While the price of 2.50 was Rs. Prices including GST were 10 per cent higher than this.

Meanwhile, global crude oil prices rose by nearly two per cent today on the back of a shock, which was supported by a decline in global gold, analysts said. Crude oil prices rose to ડો 70.60 a barrel on the world market today, hitting a new high of બ્રે 70 a barrel. New York's main contract, light sweet crude, crossed the 7 mark today and traded at ૪૫ 4.5 to ૫ 7.50.

World copper prices were up 0.08 per cent this evening. Meanwhile, according to the American Petroleum Institute, crude oil stocks in the United States have risen by 3 lakh 6 thousand barrels. Such stock was expected to fall by 20 to 3 lakh barrels, but world market experts were surprised by the rise in the stock.

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

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

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