Bilateral bounce in gold and silver

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MUMBAI: In the Mumbai jewelery market today, the price of gold and silver in the bullion market showed a one-sided fluctuation behind the world market. World market news was showing a biased bounce in precious metals. In the domestic currency market today, the impact of the rupee falling against the dollar was also seen in the jewelery market. Meanwhile, according to news from Delhi, the government has received instructions to increase the import duty on certain gold and silver items. There were instructions that the government increased the import duty of gold and silver findings and spent catalyst to 15 percent.

The import duty of coins has also been increased. Considering 10 percent basic customs duty and 5 percent agricultural infrastructure and development cess, such import duty has increased to 15 percent. Hook in Gold and Silver Findings. Pin, Screw Vs. Includes various items including Sources were saying that. The new rates of duty have come into effect from 22nd January.

Meanwhile, in the Ahmedabad jewelery market today, gold prices were trading at Rs 64,300 per 10 grams and Rs 99.90 at Rs 64,500 per 10 grams. While Ahmedabad silver price was Rs.71500 per kg. The price of gold in the world market was 2037 to 2024 to 2025 dollars as low as 2019 and high as 2037 per ounce.

The price of global silver was 22.05 dollars in low and 22.43 to 22.28 to 22.29 dollars in high. Meanwhile, crude oil prices in the world market were reported to be muted after rising by two-and-a-half to three percent. The price of Brent crude crossed $80 to $80.43 to $79.36 per barrel.

US crude prices were higher at 75.15 to 74.11 dollars. Global copper prices were 0.62 percent plus today. The price of platinum in the world market was 895 at the lowest and 909 to 901 to 902 at the highest. While global palladium prices were at a low of 929 and at a high of Rs.950 to 930 to 931 dollars.

Meanwhile, in the Mumbai bullion market, gold prices opened at Rs 62226 to Rs 62105 without GST, while 99.90 gold opened at Rs 62476 to Rs 62355. Mumbai silver prices opened at Rs.70500 to Rs.70311 without GST. In Mumbai gold and silver prices including GST were 3 percent higher than this price.


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