Crude rises 5%, Brent rises ડો 102: Gold rises above Rs 52,000

-


(Gujarat News Office) MUMBAI: Gold and silver prices rose sharply in the Mumbai jewelery market today. There was news of a resurgence of prices in the world market. Global gold prices jumped again to ૯ 1,200 an ounce. Crude oil prices in the world market today rose sharply by 3 to 4 percent. Gold and crude prices rose in world markets as tensions between Russia and Ukraine escalated. Russia's central bank has raised interest rates from 8.50 per cent to 20 per cent.

Russia's central bank has also said it will increase buying in gold. Gold prices in the world market today jumped from ૮૮૯ 15 to ૮૯ 120 and were quoted at ૬ 1,308 to ૭ 1,305. Global crude oil prices jumped from ૫૯ 61.3 a barrel in New York to ૧ 8.10 a barrel today, while Brent crude jumped from ૯૩ 6.5 a barrel to a high of ૫ 105.05 and a 104.5 a barrel.

Russia's crude supply in the world market was seen to be surging. The rise in crude also had a knock-on effect on gold prices. After gold, the global silver price rose by ૨૭ 4.5 to ૭૮ 6.5 an ounce and was trading at ૩૬ 4.5 to ૩૭ 7.5 today. The jewelery market rallied today on rising global markets and rising dollar imports, although new demand was slower. In the Andavad jewelery market, gold prices rose by Rs 200 per 10 grams to Rs 3,100 from Rs 2.50 and Rs 900 from Rs 7.50 per kg, while Ahmedabad silver rose by Rs 1,000 per kg to Rs 2,000.

Goldman Sachs has forecast that crude prices will soon rise to 115. Meanwhile, the price of an ounce of platinum in the world market today rose from ૫૯ 105 to ૬ 1,050 an ounce to ૬૫ 105 to ૬૬ 105. Palladium prices jumped from ૨૩૬૮ 6 to ૨૩૬૯ 6 to ૨૫૫૨ 6 to ૨૪૭૪ 6 to ૨૪૭૫ 7.

Global copper prices rose 0.2 to 0.50 per cent today. In the Mumbai market today, the price of gold, excluding GST, was Rs. Were living.

Mumbai silver prices were at Rs 8 today, excluding GST, while prices with GST were 5 per cent higher than this. Meanwhile, according to Saudi Arabia, five new areas of natural gas have been discovered there, which could lead to an increase in daily production of 100 million cubic feet, experts said.

Meanwhile, Russia's largest crude oil company Rose also received news that British Petroleum had withdrawn its 50 per cent stake in Ft. Meanwhile, the monthly rise in gold in February in the world market broke a nine-month record, world market analysts said.


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