Gold heads towards Rs 59000 amid bullish march: Silver and crude also shine

-


- Copper, platinum and palladium prices, however, eased after gains: Crude prices forecast to go higher this year

Mumbai: The price of gold and silver rose in the Mumbai jewelery market today. Samachak was a promoter of the world market. As the dollar index and bond yield fell in the world market, the global gold prices rose today to a higher level from 1937 to 1938 dollars and 1927 to 1928 dollars.

As the import cost of precious metals at home increased due to rising world market, bullish winds were seen blowing in jewelery markets. Gold prices rose by Rs.400 per 10 grams in the Ahmedabad market today. Ahmedabad gold prices rose to Rs.58500 from 99.50 and Rs.58700 from 99.90. Ahmedabad silver price increased by Rs.500 to Rs.68500 per kg.

Meanwhile, silver prices in the world market increased from 24.07 to 24.08 to 23.95 to 23.96 dollars an ounce today. The price of platinum in the world market was 1043 to 1044 to 1026 to 1027 dollars per ounce. While palladium prices were 1728 to 1729 dollars from 1766 to 1767. Global copper prices were 0.25 percent softer today.

Meanwhile, crude oil prices rose today in the global market. The prices of New York crude increased from 81.33 to 80.88 dollars per barrel, while the prices of Brent crude increased from 87.13 to 86.74 dollars. According to the International Energy Agency, crude oil prices are likely to rise in the world market amid hopes that Russia's oil supply will remain limited this year and China's demand will remain good. Meanwhile, gold prices in the Mumbai bullion market today stood at Rs 56,822 from Rs 56,433 at Rs 99.50 without GST. While the price of 99.90 was Rs.56670 and Rs.57050. While the Mumbai silver price today was Rs.68453 without GST from Rs.67444. In Mumbai gold-silver prices with 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