Gold, silver, copper and crude prices rose again

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MUMBAI: Silver prices rebounded in the Mumbai jewelery market today. On the other hand, the recovery was accelerated by the fall in gold prices. Gold prices in the world market jumped from ૭૫૫ 15 to ઔ 12 an ounce to ૭૭ 161 to 15 an ounce.

On the back of gold, global silver also rose by ૨૮ 4.5 to ૨૯ 7.5 an ounce, from ૬ 4.71 to ૬૨ 7.5 today. The rising cost of precious metals on the back of rising global markets has led the country's jewelery markets to see fewer sellers and more buyers today.

In the Ahmedabad jewelery market, silver rose by Rs 1,000 per kg to Rs 2,000 today, while Ahmedabad gold rose by Rs 200 per 10 grams to Rs 800 from Rs 2.50 and Rs 3,100 from Rs 4.50.

The rise in global crude oil prices and copper prices also had a positive effect on global gold and silver prices.

Crude oil prices rose nearly one per cent to cross ર્ક 61 a barrel in New York today. Brent crude jumped ૭૪ 8 to ૬ 2.50 to ૬૫ 7.5.

In the Mumbai jewelery market, gold prices today closed at Rs 5, excluding GST, at Rs 305, up from Rs 4.50. While the price of 2.50 rose by Rs 3 to close at Rs 215. Mumbai silver prices today rose by Rs 315 excluding GST to Rs 30,200

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