Bilateral fluctuations in gold-silver: Palladium fell four percent

-


(Gujarat News Office) MUMBAI: Gold prices in the Mumbai jewelery market today fell again after rising. Silver also saw two-way fluctuations. Gold prices in global markets were on a downward trend today, but in the domestic currency market, the rupee continued to strengthen against the dollar, market sources said.

Gold prices in the world market were at ૭૮૭ 16 to આજે 17 an ounce today. Behind gold, global silver prices also fell by ૨૨ 6.41 an ounce to ૨૨ 2.8 an ounce, from à«­ 2.15 to à«® 2.15 an ounce. In the Mumbai jewelery market today, the price of gold with GST of 10 grams has gone up to Rs. 2013 was closing when the price of 8.50 was Rs. 4,150 to Rs. 515 while the price with GST was 3% higher.

Meanwhile, the price of silver in Mumbai today closed at Rs 3050 per kg, excluding GST, at Rs 2060, while the price with GST was 5 per cent higher.

In the Ahmedabad jewelery market today, gold was trading at Rs 30 for 2.50 and Rs 70 for 2.50 while Ahmedabad silver was trading at Rs 2,000.

Markets were watching the Federal Reserve meeting in the US on Wednesday (today) to see what signals are being given about the rise in interest rates and the decline in bond buying.

Meanwhile, platinum prices in the world market were quoted at થી 21 to ના 5 an ounce of ૯૪૩ 5 to જ્યારે 6 an ounce, while palladium prices fell by 3% from ૭૫૬ 12 to à«­à««à«­ 15 and fell below à«­ 1,400 today, hitting 12 to 15.

Meanwhile, crude oil prices in the world market today were fluctuating in both directions. New York's main contract, light sweet crude for delivery in New York, traded at ૩૫ 61.8 to ૪ 71.50 a barrel, while Brent crude traded at ૪ 4.50 to ૪૫ 7.5. OMICPON will not have a significant impact on crude oil demand and demand will remain high between January and March, OPEC sources said. JP Marg was also reported to have projected higher demand for crude.

However, according to Saudi Arabia's oil minister, global crude oil production is expected to decline by about 50 per cent by the end of the current decade. New investment in crude oil is declining, he said. Copper prices remained calm in world markets today.

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