Gold prices sparkle: Crude prices crash
(Gujarat News Office) MUMBAI: Gold prices rebounded in the Mumbai jewelery market today. While silver remained soft. Gold prices in the world market today rose by 16 to 18 ounces and were reported to be at 16 to 17 dollars in the evening. The dollar's global index against various currencies in global markets fell 0.15 per cent to 6.71 today, indicating an increase in fund buying in gold. In the Mumbai currency market, the rupee depreciated by five paise against the dollar to Rs 5.05 and Rs 4.5. Meanwhile, gold prices rose in the domestic jewelery market behind the world market. Ahmedabad: Gold price of 10 grams today rose by Rs. While Ahmedabad silver price remained calm today at Rs 200 per kg. Silver in global markets traded lower at 3.11 an ounce, down from ૪ 6.11 an ounce in the previous session. The sharp fall in global crude oil prices was followed by a sharp rise in the rupee against the dollar at home, market sources said. New York's main contract, light sweet crude f...