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Gold-silver slumps up prices

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(Gujarat News Office) MUMBAI: The bullion market in the Mumbai jewelery market was officially closed today due to Saturday. However, gold and silver prices in the closed market saw a bearish reaction. World market news was shining with falling prices. World gold prices rose by ૭૪૪ 15 to ૭૪૫ 12 an ounce to થી 150 to ૭૫ 161 over the weekend. Behind gold, global silver also rose by ૨૬ 4.5 to ૨૬ 7.5 an ounce and was last seen at ૪૨ 4.5 to ૪૩ 7.5 an ounce. In the Ahmedabad jewelery market, gold was trading at Rs 600 per 10 grams at Rs 2.50 and Rs 900 at Rs 8.50 per kg, while Ahmedabad silver was trading at Rs 2,000 per kg. Other precious metals in the world market were also on the rise. In the Mumbai currency market today, the dollar was trading at around Rs 6.5 against the rupee at Rs 6.5. Brent crude rose sharply to ૭૮ 6 a barrel. According to world market analysts, the rise in crude oil prices has had a positive impact on global gold prices. New York's main contract, light sweet c