Gold prices soared as crude crossed 82 82

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(Gujarat News Office) MUMBAI: Gold and silver prices fell sharply in the Mumbai jewelery market today. World market news was bullish. The record rise in crude oil prices in the world market was followed by a surge in global gold prices. Crude oil prices rose more than 1.5 per cent today.

Brent crude jumped ૮૨ 8 a barrel today to ૩૫ 4.5 to ૪ 2.50 a barrel, while New York crude was up 2.50. OPEC countries have maintained their decision to increase daily crude production by four million barrels. But in fact, there was news of a sharp rise in crude oil prices in the world market as production growth was expected to be higher than this and production growth was lower than expected.

In global markets, New York crude rose to a seven-year high and Brent rose to a three-year high. Behind gold, global silver also touched a high of ૩૯ 4.5 to ૪ 2.50, rising from ૫૯ 4.5 to ૬ 2.50 to ૫૨ 4.5 to ૫૩ 7.5.

In the Ahmedabad jewelery market, gold prices rose by Rs 200 per 10 grams to Rs 8,000 from Rs 4.50 and Rs 200 from Rs 4.50 per kg, while Ahmedabad silver rose by Rs 200 to Rs 2,000 per kg. In the world market, the price of platinum rose from ૯૫૭ 6 to ૯૫૮ 8 and fell from ૯૬૭ 6 to ફરી 8 again today.

The price of palladium in the world market ranged from ૮ 1,308 to ૯ 1,305 an ounce from ૩ 1,305 to ૪ 1,305 an ounce. Copper prices in the global market today fell to 1.8 to 1.30 per cent in the evening. In the Mumbai market, gold today was trading at Rs 870, excluding GST, from Rs 305 to Rs 5, while it was trading at Rs 940, which is Rs 811. Mumbai silver price today was Rs 30,505 without GST.


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