Akhatrije saw moderate demand in gold and silver market

-


Mumbai: On the last day of Akhatrij today, the demand in the local gold and silver market was moderate. Any purchase of gold on the day of Akhatrij was seen more as an omen for marriage. Due to high prices, there was not much demand for new gold for investments. Gold coins saw little attraction.

Local jewelers said that this year Akhatrij falls half on Saturday and half on Sunday, so the people are in confusion.

The official prices of gold and silver were not released in the Mumbai market today on the occasion of Saturday, but the prices in the world market closed at the end of the week, while the prices were said to be moderately soft here privately. The dollar was also weak against the rupee in private. Crude oil remained flat over the weekend.

The price of 99.90 ten grams of gold without GST was being quoted at Rs 60,100 in the private sector while the price of 99.50 was being quoted at Rs 59,900. With GST, the prices were raised by three percent. Silver was priced at Rs 74,500 per kg at 999 per kg. With GST, the prices were raised by three percent.

In the Ahmedabad market, the price of 99.90 ten grams of gold was Rs 62100, while the price of 99.50 ten grams was Rs 61900. The price of silver .999 per kg was Rs 74000.

At the end of the week, gold fell below $2,000 per ounce to close at $1,983 in the world market, while silver closed at $25.08 per ounce. Global crude oil remained flat at the end of the week. Nymax crude oil closed at $77.87 per barrel while Brent closed at $81.66 per barrel.

Domestically, the money market remained closed for Saturday, but the dollar softened moderately and was quoted at Rs 82.02.


Comments

Post a Comment

Popular posts from this blog

Covid-19 effect: Significant increase in demand for second hand cars in the country

-
Image
Mumbai, May 26, 2020, Tuesday As lockdowns are being phased out across the country, the use of private vehicles using public transport to reach their destinations is on the rise. The increasing use of private vehicles has also increased the demand for cars, especially secondhand cars. Demand for second-hand cars is unprecedented. Inquiries for second-hand cars have almost doubled during the lockdown period compared to the time before the lockdown, according to a survey of about 100 dealers and car buyers. Demand for used cars at dealers has been strong in the last few weeks, and is expected to grow as the lockdown eases. Consumers are increasingly interested in buying second-hand cars, especially smaller ones, due to lower income levels and health-related safety, said an organized second-hand car dealer. Inquiries for a particular vehicle, which used to be around 15 per cent before the lockdown, have now doubled to 5 per cent. Inquiries for new vehicles have fallen from 21 per cen...
Read more

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