Rupee tumbles against major global currencies: Moderate improvement in gold
(By commerce representative) MUMBAI: Gold prices rose on the first day of the week in the domestic market today, despite a retreat in the global gold market, while silver remained steady compared to last weekend. The dollar had risen above Rs 5. The rupee came under pressure as crude oil prices continued to rise. The dollar has seen a one-year high. In the Mumbai local jewelery market, gold at Rs 2.50 per 10 grams, which was Rs 70 excluding GST last weekend, rose to Rs 215 today. Gold rose by Rs 30 to close at Rs 3,105. Prices were set three per cent higher with GST. Silver, which closed at Rs 31,600 per kg last weekend, remained steady at Rs 31,050 today. Ahmedabad gold closed at Rs 200 with GST of Rs 2.50 and Rs 500 at Rs 8.50. Ahmedabad silver was trading at Rs 200 per kg. At વિશ્વ 18 an ounce, gold fell marginally to ૭૫૪ 15 an ounce in late trade today, while silver fell to ૨૨ 2.50 an ounce from ૬૮ 2.8 an ounce. The rupee came under pressure as crude oil prices continued to ri...