Record bullishness going on in gold: Price rises to Rs. Approached 59 thousand

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As the world market rises, the import cost at home increases...

Cautious tone follows surge in silver, crude oil: OPEC ministers eye next week's meeting

MUMBAI: Gold prices rose to a record high in the bullion market today in the Mumbai jewelery market. However, silver prices remained soft on the upside. As the price of gold increased in the world market and the rupee fell against the dollar in the domestic currency market, the import cost of gold imported into the country has increased and due to this, a bullish wind was seen blowing in the gold prices in the jewelery markets of the country today. Ahmedabad gold price today more than 10 grams Rs. 100 increased to Rs. 99.50. 58600 and 99.90 Rs. 58800 remained.

Ahmedabad silver price Rs. 500 increased to Rs. 69 thousand remained. In the world market today, the price of gold was 1926 to 1927 high from 1942 to 1937 to 1938 dollars per ounce. In the world market, there were indications of increasing funds' intake in global gold due to the fall in the dollar index and bond yields. The price of silver in the world market was Rs.23.73 to 23.66 to 23.67 dollars from 23.63 to 23.64 per ounce. Platinum prices were 1059 to 1060 dollars today from 1041 to 1042. Palladium prices were 1726 to 1716 dollars an ounce from 1723 to 1724. Global copper prices were showing a slow decline from a higher head today. Meanwhile, gold prices in the Mumbai jewelery market were at Rs 99.50 excluding GST. 56816 worth Rs. 57132 to Rs. 57092 were there. While the price of 99.90 Rs. 57044 worth Rs. 57362 to Rs. 57322 were there. Mumbai Silver Price Excluding GST Rs. 68273 worth Rs. 68006 to Rs. 68138 remained. In Mumbai gold-silver prices including GST were three percent higher than this price.

Meanwhile, crude oil prices in the global market today continued to rise and hit the upside. According to OPED sources, the market was watching the signals given about the crude oil policy in the meeting of ministers of various countries next week. Today in the world market, the price of New York crude oil was 82.02 dollars per barrel and the price of Brent crude oil was 88.54 dollars.


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