Rs 1000 crash in silver: Global collapse within 18 dollars per ounce

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Mumbai: There was a sharp crash in the price of silver in the Mumbai jewelery market today. Gold prices rebounded after initial lows. There was news that the price of silver in the world market was falling below 18 dollars per ounce. Today, the price of silver broke Rs.1,000 per kg and touched Rs.55,500 in Amandabad market.

However, Ahmedabad gold prices increased by Rs. 100 per 10 grams to Rs. 99.50 to Rs. 51200 and 99.90 to Rs. 51400. The price of silver in the world market was 17.96 to 18.36 to 18.37 dollars, down from 18.73 to 18.74.

Global gold prices ranged from a low of 1639 to 1640 to $1614 to $1636 to $1637 an ounce. In the world market today, there was a discussion of reduced buying in global gold due to the rise in crude oil prices. were met

In the world market today, New York crude oil prices were 79.98 to 79.88 dollars in a high of 78.01 per barrel. While Brent crude prices were 87.50 to 87.43 dollars in the high of 85.47. Vai Shvik copper prices were 0.46 percent plus today.

The price of platinum in the world market was 863 to 864 in the low 838 and in the high 854 to 851 to 852 dollars per ounce. While palladium prices were 2039 to 2039 and 2096 to 2089 to 2090 dollars per ounce from 2098 to 2099.

In the Mumbai market, silver prices rose from Rs.55391 to Rs.54193 to Rs.54524 without GST, while Mumbai gold prices rose from Rs.99.50 to Rs.49331 to Rs.49170 to Rs.49307 and from Rs.99.90 to Rs.49529. 49368 to Rs.49505. In Mumbai gold and silver prices including GST were 3 percent higher than this price.

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