The price of gold and silver fell again after the record boom in gold and silver broke

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Mumbai: Bullion market was officially closed today due to Saturday in Mumbai jewelry market. However, market sources said that after the closed market, there was a break in the record rise in gold and silver prices behind the world market. A rise in gold in the world market resulted in profitable selling of funds.

The price of gold in the world market dropped from 1998 to 1999 to 1975 per ounce and lastly at the end of the week it was 1978 to 1979 dollars. Behind gold, the global silver price also dropped from 23.40 to 23.41 to 22.96 per ounce and lastly there were indications that the price was talking at 23.22 to 23.23 dollars.

Meanwhile, at home in Ahmedabad jewelry market today, gold prices stopped rising and broke the record high of Rs.600 per 10 grams. Ahmedabad gold prices fell to Rs.60800 from 99.50 and Rs.61000 from 99.90. Ahmedabad silver prices remained calm at Rs 70,500 per kg.

The price of platinum in the world market was 984 to 985 dollars per ounce. There was news that the price of palladium was 1422 to 1423 dollars. Meanwhile, in the Mumbai bullion market, Mumbai gold prices were at Rs.59,100 at Rs.59,414 at Rs.99.50 while Rs.59,300 at Rs.59,653 at Rs.99.90 without GST.

The price of Mumbai silver was Rs.69756 without GST and was being quoted at Rs.69700. Crude oil prices in the global market were tipped to rise again at the end of the week after the shock. New York crude prices were last at 69.29 dollars from 67.29 per barrel. While the price of Brent crude was 73.19 per barrel and was last at 74.99 dollars. Today, in the closed market, the price of the dollar against the rupee was Rs.82.48 with Rs.82.42.

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