Gold falls further behind world markets

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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.

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