World gold rebounded after losing વિશ્વ 1,800

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(Gujarat News Office) MUMBAI: Gold prices rose sharply in the Mumbai jewelery market today, while silver declined further. Gold prices, which had dipped from ૮ 1,200 to ૮ 1,201 an ounce in the world market, rose again to ૮૨૨ 12-14 today.

In the US, the dollar index fell sharply, and bond and treasury yields fell below 1.50 per cent, and gold fell in global markets.

Meanwhile, despite a sharp rise in gold prices from the bottom of the global market, the rupee rebounded against the dollar in the domestic currency market today. In the Ahmedabad jewelery market, gold prices rose by Rs 100 per 10 grams to Rs 200 at Rs 8.50 and Rs 200 at Rs 3.50. While Ahmedabad silver prices remained calm today at Rs 2,000 per kg.

Silver in global markets traded at ૨૫ 3.11 an ounce, up from ૬ 6.11 an ounce and from ૬ 6.05 to ૭ 6.05 an ounce. Copper prices rose 0.8 per cent to 0.50 per cent today after the shock in the global market, which had a positive effect on global silver prices.

Meanwhile, crude oil prices in the world market fell by 3 to 4 per cent overnight and were seen stabilizing today. Crude oil prices were down 3 to 5 per cent at ૬૬ 4.5 a barrel in New York after hitting 6.5 a barrel, while Brent crude was trading at ૬૮ 4.50 a barrel, down ૨ 2.50 to ૨૫ 7.5 a barrel.

Amid news that crude oil-producing countries will increase production from August and indications of an outbreak of the new corona virus in various parts of the world, overnight prices of crude oil in the world market fell by 3 to 4 per cent, hitting a one-day ten-month record. Today, however, the market appeared to be stabilizing at a low.

Platinum, meanwhile, traded lower at ૭૪ 103 to ૭૫ 105 an ounce today, hitting a high of ૭ 1,050 to ૭ 1,081 an ounce, while palladium prices rose to ૨૫૯૨ 203 to ૪ 205 an ounce from ૨૫૭૮ 5 to ૪ 8 an ounce. World gold prices fell below ૮ 1,300 late on Monday and were hovering between ૭૯૪ 15 and ૭૯૫ 15.

Meanwhile, gold prices in the Mumbai market today closed at Rs 3,115, excluding GST, from Rs 4,115 to Rs 305, while at Rs 7.50, the price of Rs 215 to Rs 21 and Rs 5, excluding GST. Rs.20 with Rs. In both the precious metals, prices including GST were three per cent higher than this. There were indications that US bond-treasury yields fell to a five-month low in world markets.

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