Gold rebounded in the global market as job growth figures in the US weakened
MUMBAI: Gold and silver prices were volatile in the Mumbai jewelery market today. However, there was news of a sharp rise in gold prices in the world market late in the evening. In the US, the August job growth figure was expected to be 4 lakh 6 thousand, but in fact, the official figures released against it late this evening showed only 3 lakh 6 thousand job growth and thus the job growth there was a surprise in the evening. As a result, global gold prices jumped from ૮ 1,215 to ૮ 1,215 an ounce to ૮૨૬ 16 to ૮૨૭ 16 to ૮૨ 161 an ounce. Behind gold, silver also rose by લર 4.05 to ૯ 2.09 an ounce, from ૨૮ 4.5 to ૨૯ 7.5 and from ૮ 6.15 to ૯ 6.15 an ounce. Gold and silver prices are likely to open higher in domestic jewelery markets on Saturday (today) on the back of rising US job growth figures following the closing of jewelery prices in Mumbai and Ahmedabad. In the Ahmedabad market, gold was trading at Rs 900 per 10 grams at Rs 2.50 and Rs 900 at Rs 4.50 per 10 grams. While Ahmedabad...