Gold rebounded in the global market as job growth figures in the US weakened

-


MUMBAI: Gold and silver prices were volatile in the Mumbai jewelery market today. However, there was news of a sharp rise in gold prices in the world market late in the evening. In the US, the August job growth figure was expected to be 4 lakh 6 thousand, but in fact, the official figures released against it late this evening showed only 3 lakh 6 thousand job growth and thus the job growth there was a surprise in the evening.

As a result, global gold prices jumped from ૮ 1,215 to ૮ 1,215 an ounce to ૮૨૬ 16 to ૮૨૭ 16 to ૮૨ 161 an ounce. Behind gold, silver also rose by લર 4.05 to ૯ 2.09 an ounce, from ૨૮ 4.5 to ૨૯ 7.5 and from ૮ 6.15 to ૯ 6.15 an ounce.

Gold and silver prices are likely to open higher in domestic jewelery markets on Saturday (today) on the back of rising US job growth figures following the closing of jewelery prices in Mumbai and Ahmedabad.

In the Ahmedabad market, gold was trading at Rs 900 per 10 grams at Rs 2.50 and Rs 900 at Rs 4.50 per 10 grams. While Ahmedabad silver price was Rs 5,000 per kg. In the Mumbai market, gold prices, excluding GST, were at Rs 205 at Rs 8.50 and Rs 8 at Rs 8.50. Mumbai silver price today was Rs 5 excluding GST.

The weakest job growth in the US in the last six months was in the wake of Delta, according to world market analysts. Crude oil prices rose sharply to ડો 6.50 a barrel in Brent crude today, while New York crude was up 70.8 a barrel. There was talk of a stock decline in America.


Comments

Post a Comment

Popular posts from this blog

Covid-19 effect: Significant increase in demand for second hand cars in the country

-
Image
Mumbai, May 26, 2020, Tuesday As lockdowns are being phased out across the country, the use of private vehicles using public transport to reach their destinations is on the rise. The increasing use of private vehicles has also increased the demand for cars, especially secondhand cars. Demand for second-hand cars is unprecedented. Inquiries for second-hand cars have almost doubled during the lockdown period compared to the time before the lockdown, according to a survey of about 100 dealers and car buyers. Demand for used cars at dealers has been strong in the last few weeks, and is expected to grow as the lockdown eases. Consumers are increasingly interested in buying second-hand cars, especially smaller ones, due to lower income levels and health-related safety, said an organized second-hand car dealer. Inquiries for a particular vehicle, which used to be around 15 per cent before the lockdown, have now doubled to 5 per cent. Inquiries for new vehicles have fallen from 21 per cen...
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

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