Gold rose to Rs. Near 65,000 : Global prices rise above $2050


Mumbai: The new month of March started with a big boom today in the Mumbai jewelery market. As the world market rose, the import cost at home increased, while the demand in the jewelery market increased today, but new sales slowed down. Meanwhile, as the government has increased the tariff value used as a benchmark for calculating the import duty of gold and silver imported into the country, the market experts were saying that the effective import duty of precious metals has also increased. The tariff value of gold has been increased from 639 per 10 grams to 654 dollars in dollar terms, while the tariff value of silver has been increased from 716 dollars to 724 dollars per kilo.

Meanwhile, the gold prices in the world market today were directed to increase from 2029 to 2030 to a high of 2057 to 2058 to 2054 to 2055 dollars per ounce. Today, the price of gold per 10 grams is Rs. 600 to 99.50 to Rs. 64600 and 99.90 Rs. 64800 were spoken. Ahmedabad silver price per kg Rs. 71000 remained. Behind gold in the world market, silver prices were also at a high of 22.34 to 22.35 per ounce from 22.78 to 22.79 to 22.72 to 22.73 dollars.

As the dollar fell in the global market and the stock market at home rose, the rupee rose in the Mumbai currency market today, while the price of the dollar fell to Rs. 82.90 were. British pound falls by 30 paise to Rs. 104.72 while the price of Euro fell by 30 paise to Rs. was 89.68.

There were indications that the currencies of China and Japan would also depreciate against the rupee. However, global copper prices were down 0.30 percent today due to weak factory activity figures in China. Global platinum prices were at 877-878 dollars against 882-883 an ounce. However, the price of palladium rose from 935 to 936 to 953 to 954 dollars.

Meanwhile, in the bullion market today, the price of gold without GST is Rs. 99950. 61992 rose to Rs. 62564 while the price of 99.90 was Rs. 62241 with Rs. 62818 remained. Mumbai Silver Price Excluding GST Rs. 69312 with Rs. 69977 to Rs. 69898 remained. In Mumbai gold-silver prices including GST were three percent higher than this price.

Crude oil prices in the world market were high. The price of US crude was 79.53 dollars per barrel while the price of Brent crude was 83.18 dollars. The possibility of production cut by OPEC was being discussed in the market.

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