Ahmedabad silver up Rs 75,000: Crude falls from three-month high

-


Mumbai: The prices of gold and silver rose again in the Mumbai jewelery market today. Sources in the market said that the import cost of precious metals has increased due to the increase in the world market and weakening of the rupee in the domestic currency market. In the world market, the buying of funds in gold increased as the global dollar index fell again.

Global gold prices today were reported to have increased from 1960 to 1961 to 1972 to 1973 dollars per ounce. Global silver prices, however, remained at 24.62 to 24.63 dollars against 24.67 to 24.68. In the Ahmedabad market today, the price of gold rose by Rs.300 per 10 grams to Rs.99.50 to Rs.61300 and Rs.61500 to 99.90.

Ahmedabad silver prices also increased by Rs.500 per kg to Rs.75000. Meanwhile, in the global market, platinum prices traded at $955 to $956 an ounce from 972 to 973 while palladium prices were at $1263 to $1264 from $1296 to 1297. Global copper prices fell by 0.80 percent today.

In the Mumbai bullion market today, the price of gold excluding GST was Rs 59,453 at Rs 58,906 at 99.50 while Mumbai silver was at Rs 59,692 at Rs 59,143. While Mumbai silver prices were Rs.73939 to Rs.74520 without GST. In Mumbai gold and silver prices including GST were being quoted 3 percent higher than this price.

Meanwhile, crude oil prices in the global market, which had risen to a 3-month high, were reported to have rebounded from the highs today. New York crude oil prices fell to $78.88 after hitting a high of $79.58 a barrel. While the price of Brent Crude was higher at 83.64 to 82.90 dollars. The American Petroleum Institute said that the stock of crude oil in the United States has increased.

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