Crude oil bounces back to gold despite calling 85 85
(Gujarat News Office) MUMBAI: The Mumbai bullion market was officially closed today due to Dussehra. In closed markets, however, gold prices rebounded and saw a rebound. Analysts were surprised at the fall in gold prices despite the rise in crude oil prices in world markets today. There were indications that gold prices in the world market fell from a high. The rise in the dollar index in world markets was accompanied by news of a sell-off in funds. Unemployment claims in the US were indicative of a decline to the previous level of the Coro, which was followed by a retreat in gold as the dollar index rose in world markets. The price of gold, which had touched ૮ 1,200 an ounce in the world market, was indicative of a fall of ૭૭૩ 12 to આજે 15 today. Even behind the world market, seasonal purchases were good today as prices fell from high to low on Dussehra, market sources said. In the Ahmedabad market today, gold prices fell by Rs 200 per 10 grams to Rs 2,000 from Rs 2.50 and Rs 500 f