Gold retreats: World market tumbles to 17 1757

(Gujarat News Office) MUMBAI: Gold prices rose sharply in the Mumbai jewelery market today. Silver prices, however, continued to hit higher. Silver prices, however, continued to hit higher. Gold prices in the world market were reported to have fallen from ૭૭૩ 15 to ૭૭૪ 12 an ounce to ૭૫૭ 16 to ૭૫૮ 12 an ounce.

In the domestic currency market, the fall in the value of the dollar against the rupee today was also having an impact on the jewelery market. While Ahmedabad silver price remained calm at Rs 200 per kg today.

In the global market, however, silver was also today down from ૭૫ 4.5 to ૭૬ 7.5 an ounce to ૬૬ 4.5 to ૬૬ 7.5 an ounce. Rising bond and treasury yields in the global market have led to speculation that the rise in gold could lead to the sale of funds.

The US Federal Reserve has signaled a reduction in bond buying and an increase in interest rates. This had an impact on the world currency market and commodity markets. Meanwhile, in the US, according to the data released late this evening, there have been 3 lakh 21 thousand unemployment claims. This has led to renewed concern about the job market in the world market.

In the Mumbai jewelery market today, the price of gold has gone up from Rs 2.50 to Rs 5 without GST. 303 were closed. While the price of 2.50 was Rs. 5 to close at Rs. While prices with GST were 5 per cent higher. Mumbai silver price, which was Rs 305 excluding GST, closed at Rs 705 today. While prices with GST were 5 per cent higher.

Platinum, meanwhile, rose by થી 21 to ૯૮૨ 5 to ૯૯૨ 6 to જ્યારે 8 a barrel in the global market today, while palladium fell by ૯૯૨ 15 to ૯૯૩ 12 a barrel from ૭ 150 to ૯૭ 121 a barrel today.

Crude oil prices were hitting higher in world markets today. New York crude was trading at ૨૫ 4.5 a barrel and Brent crude was trading at ૯ 4.05 a barrel. Global copper prices stopped hovering in the minus 0.50 per cent today.