Crude climbs above $81: Silver gains against retreat in gold

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Mumbai: In the Mumbai jewelery market today, gold prices stopped rising and remained on the decline, while silver prices were on the rise. In the currency market today, the dollar closed lower against the rupee at the end of a narrowly biased range. In the world market today, gold prices were indicated to be $ 2021 to 2013 to 2015 to 2016 dollars per ounce from 2033 to 2034 lows.

Selling of funds in gold was seen in the world market. At home today, the price of gold in Ahmedabad jewelery market dropped by Rs.100 to Rs.99.50 to Rs.64,300 and Rs.64,500 to Rs.99.90. While Ahmedabad silver price was Rs.72500 per kg. Silver prices in the world market were 22.77 to 22.92 to 22.84 to 22.85 dollars per ounce.

Crude oil prices rose sharply in the world market today. The price of Brent crude rose by 79.20 to 81.29 to 80.91 dollars per barrel. While US crude prices increased from 74.18 to 76.37 to 76.00 dollars. The Energy International Agency said that crude oil stocks in the United States decreased by 92 lakh barrels and its impact was also seen on the crude oil market.

Meanwhile, in the Mumbai bullion market, gold prices without GST rose from Rs.62,340 at 99.50 to Rs.62,062 while at 99.90 rose from Rs.62,273 to Rs.62,312 at Rs.62,591. Mumbai silver prices closed at Rs.71299 after rising to Rs.71019 today from Rs.71072 without GST.

In the currency market, the price of the dollar against the rupee was Rs.83.14 today at a high of Rs.83.15 and a low of 83.09 to 83.12. The global dollar index was down 0.07 percent today at 103.17. The pound fell by 34 paise to Rs.105.78 while the euro fell by 8 paise to Rs.90.57. The prices of the currencies of China and Japan also fell against the rupee today.

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