Market and Business News

(Gujarat News Office) MUMBAI: Gold and silver prices rose sharply in the Mumbai jewelery market today. World market news was selling. Domestic import costs were lower. The rise in crude oil prices in the global market, which remained softer by about half a per cent late this evening, was also having an impact on gold prices. Meanwhile, gold prices in the world market today fell from ૭૮૫ 15 to ૭૮૬ 16 an ounce to ૭૮ 161 to 12 an ounce. Global silver also tumbled. Silver in global markets fell by 2.50 to ૯ 2.31 and was quoted at ૪૯ 4.5 to ૫ 8.30 today. Falling prices in the jewelery market also slowed new demand behind the world market. Byro was seen in a wait-and-see mood. In the Ahmedabad market today, the price of silver fell by Rs 1,000 per kg to Rs 2,000 per kg. Ahmedabad gold prices fell by Rs 200 per 10 grams to Rs 7,000 from Rs 8.50 and Rs 900 from Rs 4.50. Platinum, meanwhile, fell by ૯૫૪ 5 to લર 6 to ૯૪૮ 6 to આજે 8 a barrel today, while palladium was down by ૭૬૪ 12 to ૭૪૫ 12 ...

- The stock market closed lower last Thursday New delhi date. Monday, November 22, 2021 The stock market started badly on Monday, the first day of the week. The 30-share Sensex of the BSE opened 287.16 points, or 0.48 per cent, lower at 59,348.85 while the NSE's Nifty started weaker. The Sensex plummeted shortly after opening with a red mark and the 30-share index fell more than 500 points. The decline did not stop there as the Sensex fell 890.65 points to close at 59,000 by 12:00 noon and was trading at 58,745.36 at noon. The Nifty also declined sharply The BSE Sensex and Nifty have seen declines since the start of the red mark amid weak global signals. In just 3 hours of trading, the Sensex fell by 890.65 points, or 1.49 points. The stock traded lower at 58,745.36 at noon. While the Nifty is also trading with a decrease of more than 250 points. The Nifty declined by 263.30 points, or 1.48 per cent, to 17,501.50. NSE's Nifty opened 87.35 points, or 0.49 per cent, lower at...

(By commerce representative) MUMBAI: Gold rose sharply in the US market on October 31, hitting a 21-year high. Gold hedging as a hedge against investor inflation pushed up prices. Gold and silver prices were also strong locally behind the world market. As the rupee weakened against the dollar, the import cost of gold rose. Global crude oil prices were down. In the Mumbai market, gold rose by Rs 1,000 and silver by Rs 2,000. In the domestic market, gold at Rs 9.50 per ten grams, which had closed at Rs 215 excluding GST yesterday, rose to Rs 215 today. The price of 7.50, which was Rs 61 yesterday, closed at Rs 71 today. Gold has seen an increase of about one thousand rupees. Prices were quoted three per cent higher with GST. Silver. The price of one kilogram which was Rs. 3 yesterday without GST yesterday was approximately Rs. Prices were set three per cent higher with GST. In Ahmedabad, gold rose by Rs 200 and silver by Rs 1,000. Gold was priced at Rs 30.50 per ounce while the price...

(Gujarat News Office) MUMBAI: The Mumbai jewelery market witnessed a slowdown in gold and silver prices before Dhanteras, although this year the price of Dhanteras gold has remained as low as Rs 2,000 per 10 grams as compared to last year's Dhanteras gold. Market analysts were hoping for a rise in gold today. In silver, however, prices have risen to around Rs 1,200 per kg this year as against Dhanteras last year, market sources said. Last year, the gold price in the Mumbai market was Rs 305 at Rs 8.50 and Rs 305 at Rs 7.50 excluding GST. 6 chakas with GST were high. Meanwhile, Mumbai silver prices were at Rs 200 per kg excluding GST last year. It has been at Rs 715 this year while prices with GST have been 5 per cent higher Meanwhile, gold was trading at ૭૮૩ 12-13 an ounce in global markets today. Global silver, meanwhile, traded at ૯ 2.50 to ૯ 4.01 an ounce, up from ૯ 2.50 to ૯ 2.31 an ounce. Palladium prices jumped from ૪ 208 to ૫ 205 to આજે 205 to ૬૭ 205 today, while platinum...

MUMBAI: The Mumbai bullion market was officially closed today following a bank holiday. However, the closed market saw gold and silver prices rebound behind the world market. World market news was showing a rapid rise in precious metals. The decline in the dollar's injection against various major currencies in world markets was a sign of increased buying of funds in global gold. As the world market grows, the import cost of precious metals has gone up. As a result, the jewelery market witnessed a slowdown in new selling prices today. Gold prices in the world market were quoted at ૭૬૨ 15 to ૭૭૯ 17 an ounce. After gold, global silver prices jumped by ૨૩ 4.5 to ૨૯ 7.5 an ounce and traded at ૯૮ 4.5 to ૯૯ 7.5 today. In the Ahmedabad jewelery market, silver prices jumped by Rs 200 per kg to Rs 2,000 today, while Ahmedabad gold rose by Rs 200 per 10 grams to Rs 2,000 from Rs 2.50 and Rs 500 from Rs 7.50. Meanwhile, in the Mumbai currency market today, the dollar was trading at Rs 4.5 ...

(Gujarat News Office) MUMBAI: Gold and silver prices rose sharply in the Mumbai jewelery market on the eve of Dussehra today. World market news was showing a new upswing. The country's jewelery market witnessed a surge in prices today as import prices soared on the eve of the global market. The fall in the global dollar index and rising inflation in the global market were indications of a rise in fund-raising in gold. In the Mumbai jewelery market, gold prices today closed at Rs 5 per 10 grams excluding GST. Were In today's world market, gold prices jumped from ૭૬૩ 15 to ૭૬૪ 16 an ounce to ૮ 1,200 to ૮ 1,201 to ૭૯૫ 16 to ૭૯૬ 12 an ounce. On the back of gold, global silver also jumped from ૭ 2.50 an ounce today to ૪ 7.50 an ounce to ૪ 6.5 an ounce. In the Ahmedabad jewelery market, gold prices jumped by Rs 500 to Rs 200 from Rs 4.50 and Rs 200 from Rs 4.50. While in Ahmedabad, the price of silver jumped by another Rs 1,000 to Rs 200 today. In Ahmedabad, silver prices have ri...

Break the rise in crude oil and digest the high digestion (Gujarat News Office) MUMBAI: Gold and silver prices rose in the Mumbai jewelery market today. In the currency market, the dollar continued to appreciate against the rupee, pushing up the import cost in the jewelery market, leading to a festive atmosphere with rising prices in the jewelery market, with less sellers and more buyers. World market news was also encouraging. Gold prices in the world market today rose from ૭૫૪ 15 to ૭૫૫ 17 an ounce to ૭૫૯ 15 to 120 an ounce. The record-breaking rise in crude oil was seen as a break-even hit. Silver was trading at ૫૩ 4.5 to ૫૪ 7.5 an ounce in global trade today. In the Mumbai jewelery market, gold excluding GST today closed at Rs 315 per 10 grams at Rs 2.15 and at Rs 8.30 per gram. Meanwhile, silver prices in the Mumbai market today closed at Rs 417 per kg excluding GST. Meanwhile, gold in Ahmedabad jewelery market rose by Rs 200 to Rs 200 from Rs 4.50 and Rs 200 from Rs 4.50 toda...

New Delhi, September 24, 2021, Friday Investors are getting richer due to the boom in the Indian stock market. Since the stock market plunged in March 2020, it has risen 158 per cent so far. The Sensex has crossed a historic high of 60,000 today and investors' wealth has risen by a record Rs 161.27 lakh crore. The Sensex touched a record high of 60333 this morning. While Nifty has also reached close to 18000. At the same time, the market cap of all companies listed on the stock exchange has risen to over Rs 263 lakh crore. The Sensex plunged to Rs 26,000 crore last year after the Koro crisis and the market cap of companies fell to Rs 101.6 lakh crore at that time. The stock market plunged last year after the central government announced a nationwide lockdown due to Corona and now the stock market is jumping up and down. This has led to a huge increase in the wealth of investors.

(Gujarat News Office) MUMBAI: Gold and silver prices declined in the Mumbai jewelery market today. World market news was showing a retreat. There were indications of a big 3 to 4 per cent fall in palladium prices in the world market. Market players were stunned as supply in the palladium rose to ઝડપી 215 to ૫૪ 215 an ounce, falling sharply to below ૨ 4,000 an ounce and hitting ૯૭૪ 12-13 an ounce. Platinum prices in the world market also fell by two and a half per cent today due to the collapse of palladium. Platinum was trading at ૯૫૪ 4 to ઠ 4 an ounce today. As global bond and treasury yields rose, so did the rise in gold. Global gold prices were at ૭૮૪ 15 to આજે 120 an ounce today. Silver, on the other hand, was quoted at વિશ્વ 2.50 to ૬ 6.31 an ounce, up from 7.5 to 7.5 an ounce. Precious metals, meanwhile, remained soft on the back of global markets today. Ahmedabad gold price fell by Rs 100 per 10 grams to Rs 900 at Rs 2.50 and Rs 200 per gram, while Ahmedabad silver price fell...

(Gujarat News Office) MUMBAI: The bullion market was officially closed in the Mumbai jewelery market on Saturday. However, the closed market saw a sharp rise in gold-silver prices behind the world market, market sources said. Gold prices in the world market jumped from ૮૨ 150 to ૮૨૫ 16 an ounce to ૮૩૩ 16 to ૮૩૪ 16 to ૮૨૭ 16 an ounce. According to world market analysts, the global dollar index fell on disappointing job growth in the US, while global gold prices rebounded on rising demand for funds in gold. In the US, the June job growth was expected to be 1.1 million in June and 3.0 million in July, but in August, the job growth was expected to be 3.2 million, but in fact, the players were stunned when the job growth in August was only 2.3 million. In the United States, there has been talk of declining job growth due to the outbreak of deltavirus, and in such an environment, the possibility of a further reduction in bond buying by the government there is likely to be delayed. In such...