Dhanteras-to-Dhanteras gold price drops by Rs 3,000

-


(Gujarat News Office) MUMBAI: The Mumbai jewelery market witnessed a slowdown in gold and silver prices before Dhanteras, although this year the price of Dhanteras gold has remained as low as Rs 2,000 per 10 grams as compared to last year's Dhanteras gold. Market analysts were hoping for a rise in gold today. In silver, however, prices have risen to around Rs 1,200 per kg this year as against Dhanteras last year, market sources said.

Last year, the gold price in the Mumbai market was Rs 305 at Rs 8.50 and Rs 305 at Rs 7.50 excluding GST. 6 chakas with GST were high. Meanwhile, Mumbai silver prices were at Rs 200 per kg excluding GST last year. It has been at Rs 715 this year while prices with GST have been 5 per cent higher

Meanwhile, gold was trading at ૭૮૩ 12-13 an ounce in global markets today. Global silver, meanwhile, traded at ૯ 2.50 to ૯ 4.01 an ounce, up from ૯ 2.50 to ૯ 2.31 an ounce. Palladium prices jumped from ૪ 208 to à«« 205 to આજે 205 to ૬૭ 205 today, while platinum prices were trading at ૨૨ 103 to à«« 1031 from ૨૨ 105 to ૨૩ 107 today. The two-day meeting of the US Federal Reserve is scheduled for Tuesday and Wednesday.

The meeting focused on the decision to reduce bond buying. Meanwhile, gold prices in the Ahmedabad market today remained calm at Rs 2.50 per ounce and Rs 200 per ounce, while Ahmedabad silver fell by Rs 200 to Rs 200 per kg.

In the Mumbai market, excluding GST, gold was trading at Rs 8 per ounce at Rs 2.50, Rs 8 per ounce at Rs 4.50 and Rs 5 per ounce with GST. Mumbai silver prices today were at Rs 715, excluding GST. While prices with GST were 5 per cent higher. Meanwhile, crude oil prices rose by about 1 per cent to ર્ક 2.7 a barrel in New York and ૬૫ 4.5 a barrel in Brent crude.

Ahead of a meeting of OPEC and allies on Thursday, the United States, Japan and India have called on crude producers to increase production. The market was now watching to see how crude producers would respond to the request. Meanwhile, copper prices in the global market were reported to be in the range of 0.7 to 0.30 tara plus this evening, despite weakening manufacturing data from China.

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