Gold prices soared as crude crossed 82 82
(Gujarat News Office) MUMBAI: Gold and silver prices fell sharply in the Mumbai jewelery market today. World market news was bullish. The record rise in crude oil prices in the world market was followed by a surge in global gold prices. Crude oil prices rose more than 1.5 per cent today. Brent crude jumped ૮૨ 8 a barrel today to ૩૫ 4.5 to ૪ 2.50 a barrel, while New York crude was up 2.50. OPEC countries have maintained their decision to increase daily crude production by four million barrels. But in fact, there was news of a sharp rise in crude oil prices in the world market as production growth was expected to be higher than this and production growth was lower than expected. In global markets, New York crude rose to a seven-year high and Brent rose to a three-year high. Behind gold, global silver also touched a high of ૩૯ 4.5 to ૪ 2.50, rising from ૫૯ 4.5 to ૬ 2.50 to ૫૨ 4.5 to ૫૩ 7.5. In the Ahmedabad jewelery market, gold prices rose by Rs 200 per 10 grams to Rs 8,000 from Rs 4...