Gold-silver recession breaks: Crude oil prices also rise

-


Mumbai: The prices of gold and silver rose sharply in the Mumbai jewelery market today. In the world market, there was news that the buying of funds reduced in global gold has increased due to the retreat of the dollar index. Market sources said that due to the increase in prices in the world market, the import cost at home has increased and due to China, the recession in the country's jewelery market has been broken today and the prices have been raised again.

Gold prices in the world market were 1668 to 1666 to 1667 dollars in the high range of 1644 to 1645 per ounce. Behind gold, global silver prices were also higher at 18.90 to 18.84 to 18.85 dollars in the high of 18.27 to 18.28.

Today, gold prices rose by Rs. 200 per 10 grams to Rs. 99.50 to Rs. 51,900 and 99.90 to Rs. 52,100 in the Ahmedabad jewelery market. While Ahmedabad silver prices increased by Rs.500 per kg to Rs.57 thousand.

Meanwhile, platinum prices in the world market ranged from $923 to $919 to $920 in the highs of $903 to $904, while palladium prices ranged from $2042 to $2032 to $2033 in today's highs of 1995 to 1996. Global copper prices were 0.86 percent plus today. As copper rose, its impact was also seen to be positive on global silver prices. Meanwhile, rising crude oil in the world market had an impact on global gold prices.

New York crude prices were 86.92 to 86.28 dollars a barrel today at a high of 85.61, while Brent crude prices increased by 91.63 to 93.04 to 92.31 dollars. There was news of China showing strict attitude against Taiwan. Besides, the war between Russia and Ukraine has also worsened, there were instructions to reduce gold in the world market.

Meanwhile, in the Mumbai jewelery market today, gold prices were Rs.50,228 at Rs.49,950 at 99.50 and Rs.50,430 at Rs.50,105 at 99.90, while Mumbai silver prices were at Rs.55,643 at Rs.54,800 at Rs.54,800 without GST. In Mumbai gold and silver prices including GST were 3 percent higher than this price.

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