Market and Business News

(Gujarat News Office) MUMBAI: With gold and silver prices plummeting in the Mumbai jewelery market ahead of Diwali, market analysts are hoping for higher demand on Diwali day (today). World market news was showing a sell-off. According to market sources, prices of precious metals fell in the country's jewelery markets ahead of Diwali as prices in the global market fell and the dollar depreciated in the domestic currency market. Gold prices in the world market today fell from ૭૯ 151 to ૭૯૨ 12 an ounce to ૭૭૩ 15 to ૭૯૨ 12 an ounce. Global silver prices were also quoted at ૭૩ 4.5 to ૭૪ 7.5 an ounce, down from ૩૫ 4.5 to ૩૬ 7.5 an ounce. Behind the world market, gold prices fell by Rs 200 per 10 grams to Rs 2,000 from Rs 4.50 and Rs 700 from Rs 4.50 in Ahmedabad jewelery market today, while Ahmedabad silver was quoted at Rs 1,200 per kg and Rs 500 per kg. Gold prices have come under pressure as falling crude oil prices in the world market, world market sources said. Global crude oi...

(Gujarat News Office) Mumbai; The bullion market in Mumbai jewelery market was officially closed today due to Saturday. Prices were quoted higher in the closed market. Gold price was Rs 30 per 10 grams excluding GST at Rs 8.15 and Rs 30 at Rs 9.50 per 10 grams. While prices with GST were 5 per cent higher. Meanwhile, Mumbai silver prices were quoted at Rs 500 per kg excluding GST, while those with GST were up 3 per cent. Meanwhile, in the Ahmedabad jewelery market, gold rose by Rs 200 to Rs 200 from Rs 4.50 and Rs 200 from Rs 4.50, while Ahmedabad silver remained quiet at Rs 2,000. Meanwhile, gold prices in the world market jumped from ૭૯૯ 15 to ૮ 1,200 an ounce at one point to ૨ 1,215 to ૮ 1,215, after falling sharply from ઉ 1,200 to ૭૯૨ 12 at the end of the week. The boom turned out to be a sell-off of funds in gold. Rising bond and treasury yields were seen as a boom in gold. Behind gold, silver also fell again to a high of ૪૫ 4.5 to ૪૬ 7.5 an ounce, from ૭૯ 4.5 to ૮ 7.50, and w...

(Gujarat News Office) Mumbai; The bullion market in Mumbai jewelery market was officially closed today due to Saturday. Prices were quoted higher in the closed market. Gold price was Rs 30 per 10 grams excluding GST at Rs 8.15 and Rs 30 at Rs 9.50 per 10 grams. While prices with GST were 5 per cent higher. Meanwhile, Mumbai silver prices were quoted at Rs 500 per kg excluding GST, while those with GST were up 3 per cent. Meanwhile, in the Ahmedabad jewelery market, gold rose by Rs 200 to Rs 200 from Rs 4.50 and Rs 200 from Rs 4.50, while Ahmedabad silver remained quiet at Rs 2,000. Meanwhile, gold prices in the world market jumped from ૭૯૯ 15 to ૮ 1,200 an ounce at one point to ૨ 1,215 to ૮ 1,215, after falling sharply from ઉ 1,200 to ૭૯૨ 12 at the end of the week. The boom turned out to be a sell-off of funds in gold. Bond and Treasury yields rose as gold rose. Behind gold, silver also fell again to a high of ૪૫ 4.5 to ૪૬ 7.5 an ounce, from ૭૯ 4.5 to ૮ 7.50, and was trading at ૩૨ ...