Crude bounces back to 86 86 a barrel: gold-silver declines
Platinum and palladium prices fell in the world market (Gujarat News Office) MUMBAI: Crude oil prices rebounded to ૮૬ 8 a barrel in global markets today. However, despite the rise in crude, the market was showing surprise as gold prices fell. Gold and silver prices continued to decline in the Mumbai jewelery market today. World market news was showing a retreat. In the global market, the dollar index has risen and bond and treasury yields have risen. Gold prices in the world market fell from ૭૬૭ 15 to ૭૬૮ 17 an ounce to ૭૬૨ 16 to આજ 12 today. Behind gold, global silver also traded lower at ૨૮ 4.50 to ૨૯ 7.51 an ounce, down from ૩ 4.50 to ૩ 2.71 an ounce today. Prices were also under pressure behind the world market. In the Mumbai market, gold today was trading at Rs 915 per 10 grams, excluding GST, at Rs 800, Rs 8.50 per 10 grams, Rs 8 per 10 grams and Rs 3 per cent higher with GST. Meanwhile, Mumbai silver prices today ranged from Rs 2,150 to Rs 2,110 per kg excluding GST. While ...