Gold and silver boom continues: Marriage demand indicates
(By commerce representative) MUMBAI: Gold and silver gained on the fifth day of gains locally behind the global market. Globally, the dollar index weakened, leading to fund buying in gold. There were indications that the demand for marriage had also gone out among the locals. Crude oil prices remained firm. Demand for crude oil is expected to ease as the US eases travel restrictions. In the domestic gold and silver market, the price of gold at Rs 9.50 per ten grams, excluding GST, which was Rs 5 yesterday, was today raised to Rs 305. Gold, which was trading at Rs 305, was trading at Rs 715 today. Prices with GST were set at three per cent higher. Silver. The price of one kg excluding GST which was Rs. 3 yesterday has risen to Rs. 30 today. Domestic prices rose as import costs rose in world markets. On this day of Labhpancham, the demand for marriage was said to have gone up. Gold traded at ૮ 12 an ounce, up from 1,215 an ounce, while silver was trading at ૩૬ 2.3 an ounce, up from ૨...