Gold rose as Russia became aggressive again

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Mumbai: The prices of gold and silver rose in the Mumbai jewelery market today as the dollar rose against the rupee in the currency market and the import cost of precious metals at home increased as the world market increased. Global gold prices rose as Russia became aggressive again against Ukraine in the world market and crude oil rose. Gold prices in the world market increased from 1667 to 1668 per ounce from 1677 to 1678 to 1675 to 1676 dollars.

Behind gold, the global silver price also increased by 19.20 to 19.21 per ounce and was 19.62 to 19.63 dollars. At home today, the price of silver in the Ahmedabad market increased by Rs.500 to Rs.57500 per kg. While Ahmedabad gold prices increased by Rs.50 per 10 grams to Rs.99.50 to Rs.51200 and Rs.51400 to 99.90.

The price of platinum in the world market was 931 to 931 to 940 to 937 to 938 dollars. While palladium prices were 2160 to 2161 to 208 to 2191 to 2192 dollars.

However, global crude oil prices remained soft late in the evening after rising. The price of New York crude rose from 86.68 to 85.39 dollars per barrel, while the price of Brent crude increased from 92.25 to 93.50 to 92.17 dollars. New demand was slow and the booms proved to be buoyant because of this. Meanwhile, global copper prices were 0.80 to 0.85 percent negative today.

In the Mumbai jewelery market today, gold prices were Rs.49,407 at Rs.49,170 at 99.50 and Rs.49,606 at Rs.49,368 at 99.90, while Mumbai silver prices were at Rs.56,667 at Rs.56,354 at Rs.56,354 without GST. In the Mumbai market, gold and silver prices with GST were 3 percent higher than this price. At the time of this writing, the market's eyes were on interest rate hikes in the US.

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