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Palladium crash: Prices fall 6 percent to 2000 2,000

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(Gujarat News Office) MUMBAI: Gold and silver prices declined in the Mumbai jewelery market today. World market news was showing a retreat. There were indications of a big 3 to 4 per cent fall in palladium prices in the world market. Market players were stunned as supply in the palladium rose to ઝડપી 215 to ૫૪ 215 an ounce, falling sharply to below ૨ 4,000 an ounce and hitting ૯૭૪ 12-13 an ounce. Platinum prices in the world market also fell by two and a half per cent today due to the collapse of palladium. Platinum was trading at ૯૫૪ 4 to ઠ 4 an ounce today. As global bond and treasury yields rose, so did the rise in gold. Global gold prices were at ૭૮૪ 15 to આજે 120 an ounce today. Silver, on the other hand, was quoted at વિશ્વ 2.50 to ૬ 6.31 an ounce, up from 7.5 to 7.5 an ounce. Precious metals, meanwhile, remained soft on the back of global markets today. Ahmedabad gold price fell by Rs 100 per 10 grams to Rs 900 at Rs 2.50 and Rs 200 per gram, while Ahmedabad silver price fell