Gold-silver retreats again due to high prices: Crude oil rises above 90 dollars

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MUMBAI: Gold prices in the Mumbai jewelery market today were on the decline again after rising. There was also a retreat in silver prices. There was a trend of falling prices in the world market. Behind the global market, even at home, jewelry markets saw a surge in sellers and fewer buyers. The price of gold per ounce in the world market was at a low of 1982 to 1983 from 1977 to 1979 to 1980 dollars.

Behind gold, global silver prices were also down from 22.93 to 22.94 per ounce at 22.68 to 22.74 to 22.75 dollars. At home today, the price of silver in the Ahmedabad jewelery market broke Rs.1000 per kg to Rs.72500 while Ahmedabad gold price rose by Rs.200 to Rs.99.50 to Rs.62600 per kg and 99.90 to Rs.62800 per 10 grams. The price of platinum in the world market was 913 to 914 from 899 to 900 to 903 to 904 dollars per ounce. Palladium prices increased from 1112 to 1113 per ounce to 1145 to 1141 to 1142 dollars.

Meanwhile, global copper prices rose by 1.40 to 1.41 per cent today. Crude oil prices in the global market also rose again following the shock. The market was watching the renewed conflict between Israel and Hamas. Brent crude oil prices were at $90.24 to $89.41 a barrel at a high of 87.65, while US crude was at a high of $82.67 at $85.35 to $84.81.

In the Mumbai bullion market today, without GST, the price of gold at 99.50 was Rs 60740 at Rs 70581, while at 99.90 it was at Rs 60984 at Rs 60825. Mumbai silver prices today were Rs 71560 without GST at Rs 70906. In Mumbai gold and silver prices including GST were 3 percent higher than this price.

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