Saudi Arabia retreats as crude oil prices fall
(Gujarat News Office) MUMBAI: Gold and silver prices rose sharply in the Mumbai jewelery market today. World market news was showing a softening with higher prices. As the global dollar index rebounded and rebounded, global markets witnessed a sell-off in gold today. Gold prices in the world market were at ૮૨૭ 16 to ના 17 an ounce today. Global silver was trading at ૭ 2.50 an ounce, up from ૭ 4.31 an ounce today. The fall in crude oil prices by about half a per cent in world markets today also had a negative impact on global gold prices. With stock markets in Europe and Japan hitting record highs and Japan's index peaking at 31-year highs, global gold is on a cautious note today. Global copper prices today fell 0.50 per cent to 0.5 per cent, which had an impact on global silver prices, market sources said. The possibility of the government continuing to buy bonds in the United States came as disappointing job growth figures were being discussed in world markets today. Crude oil...