Unbiased bounce seen in gold, silver, crude oil, platinum and palladium

MUMBAI: Gold and silver prices rose again in the Mumbai jewelery market today after opening lower at the beginning. World market news was also showing a biased jump in prices. As the rupee tumbled against the dollar in the currency market and lifted from the bottom, its impact was also seen on the jewelry market.

Gold prices in the world market were directed to be 1625 to 1625 dollars per ounce from 1644 to 1645 and 1642 to 1642 to 1639 to 1640 dollars. In the Ahmedabad jewelery market today, gold prices fell by Rs. 200 from 99.50 to Rs. 51100 and Rs. 200 from 99.90 to Rs. 5130 per 10 grams.

While Ahmedabad silver prices were falling at Rs.56,500/kg. Meanwhile, the price of silver in the world market was 18.82 to 18.83 today at the low of 18.34 and at the high of 18.77 to 18.73 to 18.73 to 18.74 dollars.

Platinum prices ranged from a low of 864 to 865 at 848 and a high of 867 to 863 and 864 dollars. While palladium prices were indicated to be at the low of 2057 to 2058 to 2025 and the high of 2115 to 2098 to 2099 dollars.

Global copper prices were trading 1.45 to 1.50 percent higher today. Meanwhile, the world market saw a retreat in crude oil prices. New York crude prices were down 76.42 to 78.01 dollars a barrel today at 78.97, while Brent crude prices were down 84.01 to 85.47 dollars at a low of 86.20. There was a one-sided jump in prices.

In the world market, the dollar index came down from the high head, after the fall in gold prices in the world market, there was news of buying exit of the funds at the low head. Meanwhile, gold prices in Mumbai jewelery market today rose to Rs 49,153 from Rs 49,391 at 99.50 to Rs 49,331 at Rs 49,331 at 99.90 from Rs 49,351 at Rs 49,590 to Rs 49,529 without GST.

Mumbai silver prices were Rs.55,374 to Rs.55,066 to Rs.55,391 without GST. In Mumbai gold and silver prices including GST were 3 percent higher than this price.