Gap in global gold: Rs. 1,000 broken

-


MUMBAI: Gold and silver prices fell sharply in the Mumbai jewelery market today. There was news of a world market crash. In the US, where inflation rose to a 20-year high, bond yields rose and the dollar index rose, signaling a widening sell-off of funds in the global gold market.

With the global market collapsing, the import cost of precious metals has come down and this has led to a fall in prices in the jewelery markets. Gold prices in the world market ranged from 15 to ઔ 16 an ounce, down from ૮૨૫ 16 to ૮૨૬ 16 to ૮૩૮ 16. Behind gold, the global silver price also rose from ૯૨ 61.9 to ૯૩ 71.8 to ૨૭ 71.50 to ૬ 71.81.

At home, the gold price in Ahmedabad Jewelery market today is Rs. 100 fell to Rs. 500 and Rs. 200 remained. While Ahmedabad silver price is Rs. 1000 broken Rs. 2000 were spoken.

Silver, platinum and palladium prices have hit the world market again with the resurgence of corona cases in China. Platinum was trading at થઇ 50 to ૯૬૮ 6 an ounce, and palladium was trading at ૮૯૬ 12 to ૯ 1915 to ૬ 1915 an ounce. Global copper prices were quoted at minus 1.10 to 1.15 per cent today. Crude oil prices fell after rising.

China's new demand was feared to decline. New York's main contract, light sweet crude for delivery in New York, traded at ૨૨ 16.8.21 a barrel, while Brent crude traded higher at ૨૪ 16.8 a barrel. However, with the rise in crude prices, the crude oil basket in India has risen to a ten-year high of ૨ 161, market sources said.

In the Mumbai jewelery market today, gold prices fell by Rs 6.50 excluding GST. 2061 and Rs. 203 remained. While Mumbai silver prices fell to Rs. 2051. Mumbai: Gold and silver prices, including GST, were three per cent higher than this.


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