Gold rises again: Silver rises to Rs 68,000

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(Gujarat News Office) MUMBAI: The Mumbai jewelery market rallied today. Russia's gold price jumped from ૯૨૮ 15 to ૯૨૯ 12 an ounce and crossed ૯૫ 120 to થી 120 to ૯૫ 121 to ૯૪૮ 16 to ૯૪૯ 16 an ounce in the world market today due to rising tensions between Russia and Ukraine. Import costs of precious metals have risen as the world market has risen and the rupee has weakened at home.

Silver also rose by 2.3 per ounce to ૨૨ 6.51 an ounce in global trade. At home, silver prices in the Ahmedabad market rose by Rs 200 per kg to Rs 2,000.

Ahmedabad gold price was quoted at Rs. Platinum prices in the world market rose from ૯૪ 105 to ૯૫ 105 to ૯ 1031 to ૯૨ 105, while palladium prices rose to ૬ 205 to ૭ 205 an ounce from ૨૮૮૯ 5 to 90.

The world market has seen a big jump in crude oil prices. Brent crude, which had touched a high of ૨ 150 a barrel, was at a low of ૦ 110, a high of ૪ 115 to ૫ 115 and a high of ૨ 115 to ૩ 115. Crude prices fell sharply amid speculation that Iran's oil supply could rise in world markets.

New York's main contract, light sweet crude, traded lower at ૮ 105 to ૯ 105 and higher at ૨ 115 to ૩ 115. Copper prices in the world market were quoted 0.50 to 0.50 per cent higher today.

In the Mumbai market, gold prices, excluding GST, rose to Rs 915 from Rs 7.50 and Rs 915 from Rs 7.50. While Mumbai silver price was Rs 71 excluding GST. Mumbai gold and silver prices, including GST, were 3 per cent higher than this.


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