Crude oil prices rebound due to hurricane near Gulf of Mexico

-


MUMBAI: Gold and silver prices fell again in the Mumbai jewelery market today after rising early. Crude oil prices rose in world markets today amid news that oil producers had halted production in the wake of a hurricane near the Gulf of Mexico.

New York's main contract, light sweet crude for delivery in New York, rose 1.50 per cent to 1.8 per cent from ૭ 2.50 a barrel today. Brent crude rose 1.50 per cent to 1.8 per cent from ૭૨ 4.50 a barrel to 2.50 a barrel.

However, as prices rose, indications came later that OPEC's crude-producing countries had decided to move ahead with plans to increase production. The Gulf of Mexico accounts for about 15 to 20 percent of all crude oil production in the United States. About 7% of US oil refining capacity is located in the Gulf Coast. Recently there was also a fire on a Mexican oil platform.

Meanwhile, gold prices in the world market today rose by લર 15 to ૭૮૪ 12 an ounce from ૭૯૪ 16 to ૭૯૫ 16 an ounce, while global silver prices rose by ૫૯ 4.5 to ૬ 2.50 an ounce today. In the Mumbai market today, the price of gold at 10 grams excluding GST is Rs 2.50. 2150 with Rs. ૪૭૪૨૭ Open Rs. 20 while closing at Rs. 50 with Rs. 215 open Rs. 215 were closed.

Mumbai silver price today at Rs. 20 open with Rs. 4 were closed. In the Ahmedabad jewelery market, silver today touched Rs. 500 decreased to Rs. 6,000 remained. When the price of gold is Rs. 500 and Rs. 200 remained.

Meanwhile, the number of unemployment claims in the United States has risen from 5 lakh to 7 lakh, which was expected to be 4 lakh 50 thousand. GDP figures are also weaker than expected. As a result, the global dollar index was under pressure and there was talk of an increase in funds in gold in the world 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