Domestic soft metal trend: Dollar fell 8 paise

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(By commerce representative) MUMBAI: Domestic gold and silver prices were softening compared to yesterday as global markets retreated and the dollar depreciated. The current week has seen the biggest weekly rise in gold and silver in the last six months.

In the Mumbai market, the price of 10 grams of gold, excluding GST, which was Rs 215 yesterday, has come down to Rs 305 today. The price of Rs 8.50 which was closed at Rs 71 yesterday was down and closed at 2009. Silver. The price of Rs.

In Ahmedabad, gold prices fell by Rs 200 as compared to yesterday. The price of 10.50 ten grams closed at Rs. Silver remained steady at Rs 2,000 per kg. Gold and silver prices have seen the highest growth in the last six months in the last week. Inflation in the US hit a 21-year high, with investors looking at gold as a hedge.

In global markets, gold fell by ૮૫૭ 15 an ounce to ૮૫૩ 15 an ounce and silver by 2.09 an ounce. The dollar had lost 5 paise to Rs 6.5. New York crude was trading at ૨ 70.05 a barrel, while Brent was trading at 71.8.

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