Gold falls further behind world markets

-


MUMBAI: In the Mumbai jewelery market today, the price of gold and silver went on a downward spiral, the news of the world market was showing a rapid retreat. The price of gold in the world market was 1934 to 1935 to 1938 to 1939 dollars per ounce at a low of 1963 to 1964.

There was an increase in the sale of funds in gold in the world market. However, before the interest rate meeting of the Federal Reserve in the United States, there were indications that the global index of the dollar rose against various major currencies in the world market and reached a five-week high. In the Mumbai currency market today, amid the holiday mood, the dollar price rose slowly to Rs.82.68. The price of pound was Rs.101.39 to 101.40.

In the Ahmedabad jewelery market, gold prices fell by Rs.300 per 10 grams to Rs.99.50 to Rs.60,200 and Rs.60,500 to 99.90. Ahmedabad silver prices, however, remained firm at Rs.69,000 per kg. Meanwhile, behind gold, silver prices were also under pressure in the world market. Global silver prices were at 22.27 to 22.29 to 22.30 dollars an ounce, down from 22.49 to 22.50 an ounce. However, global copper prices remained in the range of 1.05 to 1.10 percent plus today.

Global platinum prices were $999 to $1,000 per ounce while palladium prices were $1,420. In the Mumbai jewelery market today, gold prices without GST rose from Rs.58951 at 99.50 to Rs.58379 to Rs.58402 while at 99.90 at Rs.59188 from Rs.58614 to Rs.58637. Mumbai silver prices were Rs 68,221 today against Rs 68,499 without GST.

Meanwhile, according to the World Gold Council, the currency of digital gold is likely to rise in the next five years. Digital Gold, Sovereign Gold Band, UTF Vs. So the interest in Najki has increased. But still the buying in Fiji gold has been significantly higher. Meanwhile, crude oil prices in the world market rebounded after falling.

However, the American Petroleum Institute said that the stock of crude oil in America has increased by 33 lakh barrels. Crude oil prices in the world market rose again after falling. However, the American Petroleum Institute said that the stock of crude oil in America has increased by 33 lakh barrels.

In the world market, New York crude prices were 68.94 to 69.68 dollars per barrel while Brent crude prices were 74.94 to 74.50 dollars to 75.30 dollars. According to the news from Russia, the cut (reduction) in crude oil production there by five lakh barrels per day will be continued until the end of June.

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