Gold rises to Rs 65,000 ahead of budget
Mumbai: The weather was mixed in Mumbai jewelery market today. Gold prices rose while silver was soft. Market players were eyeing the central government's fiscal budget to be presented on Thursday (today). The market was in a frenzy over whether there was any change in the customs duty on gold and silver in the budget.
Meanwhile, gold prices in the world market ranged from 2036 to 2037 highs of 2040 to 2041 to 2038 to 2039 dollars an ounce. Funda was the buyer. However, the rise in gold slowed as the global dollar index rose. Meanwhile, at home today, pre-budget gold prices rose by Rs 200 to Rs 99.50 to Rs 64,800 and Rs 99.90 to Rs 65,000 in pre-budget jewelery market in Ahmedabad today.
Ahmedabad silver price was Rs.73000 per kg. The price of silver in the world market was 23.12 to 23.13 dollars per ounce from 23.01 to 23.02 to 23.11 to 23.12 dollars.
Brent crude price was 81.98 dollars per barrel and US crude price was 77.04 dollars. Global copper prices were 0.14 percent softer today. Meanwhile, the price of platinum in the world market was 925 dollars and the price of palladium was 982 dollars.
In the Mumbai bullion market today, gold prices without GST rose from Rs.62,359 at 99.50 to Rs.62,434 while at 99.90 rose from Rs.62,715 to Rs.62,685 at Rs.62,610. Mumbai silver price without GST was Rs.71742 today to Rs.71630 to Rs.71668.
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