Break the record boom in gold and silver: Brent crude crosses 81 dollars

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Mumbai: Gold and silver prices were mixed in the Mumbai jewelery market today. Gold prices remained flat while silver remained firm. In the global market, however, there was news of gold prices rising again, while the domestic currency market was showing a slow decline in dollar prices against the rupee today.

Gold prices in the world market were 2018 to 2015 to 2016 dollars per ounce in 2012 to 2013 high. Globally, there were indications of increased buying of funds in gold in the world market amid retreat in the dollar index and bond yields. The global dollar index fell to a 3-month low.

In the Ahmedabad jewelery market today, gold prices fell by Rs.200 per 10 grams to Rs.63,600 from Rs.99.90 to Rs.63,800 per 10 grams, while Ahmedabad silver prices fell by Rs.500 per kg to Rs.75,000. The price of silver in the world market was 24.54 to 24.66 to 24.67 dollars per ounce from a low of 24.76 per ounce.

Meanwhile, in the Mumbai currency market today, the dollar price against the rupee fell by 4 paise to Rs.83.34, while the British pound price increased by 12 paise to Rs.105.25 and the European currency Euro price increased by 38 paise to Rs.91.28. There was news that the global index of the dollar was 103.23 today.

In the Mumbai bullion market today gold prices were Rs.61665 at 99.50 and Rs.61665 at 99.90 and Rs.61913 at 99.90 without GST while Mumbai silver prices were at Rs.74889 without GST.

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