Gold-silver saw a fresh decline in the market prices, like a boom

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Mumbai: In the Mumbai jewelery market today, the prices of gold and silver went down again after experiencing a surge in prices. World markets were soft. Gold prices in the world market were 1823 to 1825 to 1826 dollars per ounce from the low of 1840 to 1841. Behind gold, global silver prices were also down from 21.92 to 21.93 to 21.49 to 21.56 to 21.57 dollars an ounce.

Behind the world market, even at home, the jewelry markets had to sell their minds due to the lack of new demand. Ahmedabad gold prices fell by Rs.200 per 10 grams to Rs.57,800 per 99.50 and Rs.58,000 per 99.90 grams while Ahmedabad silver prices fell by Rs.500 per kilo to Rs.66,000.

In the world market today, platinum prices were 948 to 960 to 961 dollars per ounce from 961 to 962 while palladium prices increased from 1526 to 1527 to 1455 to 1479 to 1480 dollars per ounce.

Funds sold in global gold today, global market insiders said, amid the prospect of further interest rate hikes ahead as US inflation remains high and the dollar is expected to rise further in the global market. Meanwhile, global copper prices today ranged from 0.65 to 0.70 percent was reduced. Crude oil prices were also soft in the world market.

New York crude prices were 73.83 to 74.89 dollars per barrel at 75.82, while Brent crude prices were at 80.40 to 81.54 dollars at 82.39 per barrel. Meanwhile, gold prices in the Mumbai jewelery market were Rs 55,855 at Rs 56,270 at 99.50 and Rs 56,080 at Rs 56,496 at 99.90 without GST.

Mumbai silver prices stood at Rs 65,182 from Rs 65,986 without GST. In Mumbai gold-silver prices including GST were three percent higher than this price.

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