The festive season begins with a bullish tone in gold
(Gujarat News Office) MUMBAI: Gold prices rose in the Mumbai jewelery market today ahead of Navratri. World market news, however, showed a sell-off. However, import prices of precious metals remained high as the dollar rebounded against the rupee in the domestic currency market today, market sources said. The dollar rose to close at Rs 5 today. The rise in the dollar index in the global market and the rise in bond and treasury yields also saw the sale of higher funds in gold in the global market. Gold prices in the world market ranged from ૭૫૮ 15 to ૭૫૯ 16 an ounce to ૭૬૬ 12 to ૭૫૭ 12 an ounce. Global silver prices were reported at 7.5 to ૫૩ 7.5, up from ૫૯ 7.5 to ૬ 7.50 and 4.5 to ૩૯ 7.5. Meanwhile, in the Ahmedabad jewelery market today, before Navratri, gold prices rose by Rs 150 per 10 grams to Rs 3,150 at Rs 2.50 and Rs 30 at Rs 4.50. Ahmedabad silver price was Rs 5,000 per kg. Meanwhile, with the completion of Shraddha Paksha, market experts were hoping that the demand for fes...