Silver jumps Rs 1,000: Crude declines: Fuel prices rise
(Gujarat News Office) MUMBAI: The Mumbai jewelery market was booming today. World market news was booming. The dollar also rose against the rupee at home. As a result, rising import costs in the jewelery market led to higher market prices. As bond yields and the dollar index fell in world markets, fundraising in gold increased. In the world market today, the price of an ounce of gold was ૮૨૬ 15 to વાળા 16, from ૮ 1215 to ૮ 1215.
After gold, the global silver price jumped from ૮૪ 4.5 to ૮૫ 7.5 to ૨૩ 4.5 to ૨૪ 7.5 today. Behind the world market, the domestic atmosphere was bullish. Ahmedabad silver rose by Rs.1000 per kg to Rs.200 while Ahmedabad gold rose by Rs.100 per 10 grams to Rs.50,000 at 2.50 and Rs.30,500 at 3.50.
The world market is now eyeing the US inflation figure which will be released on Thursday (today). World platinum prices, meanwhile, rose from ૧ 103 to ૪૩ 105 to ૧ 1010 a year, while palladium prices rose from ૨૨૪ 20 to ૨૨૪ 21 to ૨૨૬૩ 4 to ૨૨૬૪ 5. Global copper prices were down 0.4 per cent today.
New York's main contract, light sweet crude for delivery in January, fell below ૮૯ 8 a barrel and fell to ૯૮ 4.5. Brent was down 70.70. According to the American Petroleum Institute, stocks of crude oil and gasoline have declined. According to Deloitte, petrol-diesel prices are likely to rise significantly in March after the Indian elections.
In the Mumbai market today, gold was trading at Rs 20, excluding GST, Rs 80 and Rs 8, excluding GST. In Mumbai, gold and silver prices, including GST, were 3 per cent higher than this.
The dollar continued to appreciate against the rupee in the Mumbai currency market today. The dollar had touched a high of Rs 6.5 and touched a low of Rs 4.50 to Rs 4.50. In the current market, the dollar fell by one point to a low of Rs 3.5 but rose again. The rupee was expected to appreciate on rising stock market and falling crude oil prices in the world, but at the end of the day, the rupee was depreciating against the dollar.
However, against major currencies in global markets, however, the dollar index fell 0.7 per cent today to 6.7 per cent and was down 0.15 per cent. The pound rose from Rs 101.20 today to Rs 101.51. The euro also rose by Rs 4.5 to Rs 4.5 and Rs 4.5.
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