Further decline in gold-silver


(Gujarat News Office) MUMBAI: Gold and silver prices moved lower in the Mumbai jewelery market today. World market news was pointing to a softening trend. With the world market collapsing and the import cost coming down, there were more sellers and less buyers in the jewelery market. However, as the dollar appreciated against the rupee in the domestic currency market, the pace of price decline in the jewelery market slowed down slightly today, market sources said.

Gold prices in the world market today were reported to be ૭૨૮ 15 to વાળા 17 per ounce, up from ૭૩૯ 15 to ૭૪ 120. Behind gold, global silver prices also fell further by 4.5 to à«­à«® 7.5 an ounce, from ૨૭ 4.5 to ૨૮ 7.5 an ounce. After the job market in the US soared, the world market players were now keeping an eye on the inflation figures released on Wednesday (today).

The fall in global crude oil prices was followed by a three-month low of 1.5 per cent today. In the Ahmedabad jewelery market today, the price of gold per 10 grams increased by Rs. 200 fell to Rs. 3000 and Rs. 200 remained.

While Ahmedabad silver price today is more than Rs. 1000 Gabdi Rs. 200 remained. The price of platinum in the world market rose by ૯૭૬ 6 to દી 6 per ounce today to ૯૮૫ 4 to જ 5, while the price of palladium from ૨૬ 215 to ૨૬૨ 40 per ounce fell further to ૨૬ 205 to à«© 205 today.

Gold prices in Mumbai jewelery market today 2 with Rs. 505 and Rs. 2 with Rs. There were 20. While prices with GST were three per cent higher than this. Mumbai silver price today at Rs. 215 with Rs. 2 were closed. And prices including GST were three per cent higher than this.

Meanwhile, global crude oil prices rose from a low today to close at ર્ક 70 a barrel, with New York crude at à«©à«® 4.5 and Brent crude at à«® 4.21. Copper prices rose 0.50 per cent to 0.5 per cent in global markets today, prompting speculation that the global silver market would find support.

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