Crude prices fall: Daily production to increase by 4 lakh barrels in March

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(Gujarat News Office) MUMBAI: The weather in Mumbai Zaveri Bazaar was mixed today. The fluctuations were two-sided. Gold prices in the world market fell from a high of ૩ 1,305 to ૪ 1,305 an ounce from ૮ 1,305 to ૯ 1,305 and then a low of ૮ 1,201 to ૨ 1,305 today. Crude oil prices fell 1.5 per cent in global markets today on the back of a surge in global gold. Gold prices were under pressure in the global market today on the back of rising global dollar index

This led to a rise in the value of the British pound in the world market. Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) and its allies decided in March to increase daily production by another 3 lakh barrels. Meanwhile, in the Ahmedabad jewelery market, gold prices fell by Rs 20 per 10 grams to Rs 30 from Rs 7.50 and Rs 70 from 7.50 today, while Ahmedabad silver was quiet at Rs 200 per kg.

The price of platinum in the world market today fell from ૪ 1,050 to ૪ 1,081 per ounce to ૨૫ 105 to ૨૬ 105 per ounce, while the price of palladium fell from ૨૩૯૮ 4 to ૨૩૯૯ 4 to પછી 500 today.

Meanwhile, world crude oil prices were at ૩ 8.05 today after hitting a New York high of ૬ 2.15 a barrel, while Brent crude was trading at a high of ૪૨ 6.5 to ૩૮ 4.5. Meanwhile, crude-producing countries are announcing production growth but in fact production is not growing as expected.

Silver, meanwhile, traded lower by ૮૨ 2.71 to ૮૨ 4.5 a ounce, down from ૩૩ 4.5 to ૩૪ 7.5. The fall in global copper prices by 1.10 to 1.15 per cent today also had a negative impact on global silver. In the Mumbai market today, the price of silver was quoted at Rs.

While prices with GST were 3% higher. Mumbai gold prices were at Rs 5, excluding GST, at Rs 2.50 per ounce, while at Rs 9.30, it was at Rs 915.


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