The price of gold is Rs.200 while that of silver is Rs.1000

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(Gujarat News Office) MUMBAI: Gold and silver prices declined in the Mumbai jewelery market today. New demand was slow. With the world market collapsing, the house was going to sell at a higher price. Gold prices in the world market today fell from ૭૯૫ 15 to ૭૯૬ 16 an ounce to ૭૯ 161 to ૭૯૨ 16 an ounce.

The fall in global crude oil prices by 1.5 per cent today also had an impact on gold prices. Silver also fell by લર 4.5 to ૩૪ 6.5 an ounce in the global market, hitting 4.05 to ૯ 2.05 an ounce today.

Meanwhile, in the Ahmedabad jewelery market, gold prices fell by Rs 200 per 10 grams to Rs 200 from Rs 4.50 and Rs 200 from Rs 4.50, while Ahmedabad silver was trading at Rs 1,000 per kg, down by Rs 1,000.

Palladium prices in the world market today fell from ૨ 205 to ૨૮ 205 an ounce to અંદર 16 to અંદર 12 in the low 2000s. Platinum gains were 1,050 to à«« 1,081, down from ૨૪ 105 to ૨૫ 105. Copper prices in the global market today were in the minus 1.2 to 1.50 per cent minus.

In the Mumbai market, gold today was trading at Rs 911, excluding GST, at Rs 8.50 per kg, Rs 8.40 per kg at Rs 8,151, excluding GST, while prices with GST were 8 per cent higher.

Meanwhile, silver prices in the Mumbai market today were Rs 5 per liter, excluding GST, while prices with GST were up 3 per cent. New York's main contract, light sweet crude for delivery in New York, traded lower at à«­ 2.50 to à«­à«« 7.5 a barrel. Brent crude traded lower at à«« 2.50.

According to the American Petroleum Institute, crude oil stocks in the United States have risen by 500,000 barrels, while gasoline stocks have risen by 500,000 barrels. This was followed by a rebound in crude oil prices in world markets today.

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