Gold price jumps closer to Rs 50,000: Crude crosses 86 86

-


(Gujarat News Office) MUMBAI: The Mumbai jewelery market rallied today. World market news was encouraging. World gold prices rebounded to ૮ 1,200 an ounce. In Ahmedabad, gold prices rose to close to Rs 30,000 per 10 grams. While crude oil crossed 7.

The rising cost of precious metals has risen as global markets rebounded and the dollar rose against the rupee in the domestic currency market. Ahmedabad gold price was quoted at Rs 500, Rs 2.50 per kg and Rs 500 per kg today, while Ahmedabad silver price was quoted at Rs 1,000 per kg, up by Rs 1,000 today.

Gold prices in the world market rose by ૭૯૨ 15 to ઔ 17 an ounce and were quoted at ૨ 1,308 to ૩ 1,305 today. Gold prices rebounded amid rising global inflation, rising crude oil prices and a resurgence of corona cases in various parts of the world. Fundraising increased.

Silver was trading at ૩૨ 4.5 to ૪૬ 7.5 an ounce in global trade today. Platinum was trading at ૪૩ 105 to ૪૪ 105 to ૪૯ 103 to ૫ 1030, while palladium was reported to be trading at ૨ 203 to ૪ 2050 an ounce today.

Meanwhile, crude oil prices rose more than one and a half per cent in world markets today. American crude rose to a five-year high. Brent crude traded higher at ૮૬ 2.81 a barrel, up from 3 a barrel today. New York's main contract, light sweet crude, crossed the 8 mark and touched લર 4.05.

Crude oil is currently facing short supply against global demand. According to Goldman Sachs, crude oil prices are likely to rise to ડો 70 a barrel.

Bulls have increased their position in the global crude futures market. Meanwhile, copper prices rose 0.5 to 0.50 per cent today. In the Mumbai market today, gold was trading at Rs 5, excluding GST, at Rs 8.50, Rs 8, Rs 9.30, Rs 8.30 and silver, at Rs 500, was at Rs 4, Rs 8. Precious metals, including GST, were up 5 per cent.


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