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Showing posts with the label palladium

Gold-Silver Moves Behind the World Market: Decline in Platinum, Palladium

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(Gujarat News Office) MUMBAI: Gold prices rose in the Mumbai jewelery market today. Silver was even higher. The rising market saw signs of rising import costs, with the market seeing fewer sellers and more buyers today. In the global market, the dollar index declined and bond and treasury yields also declined. At home, the gold price in Ahmedabad Jewelery Bazaar today is Rs. 120 increased to Rs. 50 and Rs. 30 while Ahmedabad silver price was Rs. Were being maintained at the head of 2000. Gold prices in the world market today ranged from ૭૮૨ 16 to ના 17 an ounce, while global silver prices hovered at ૨ 2.41 to ૨૨ 6.5 an ounce, up from ૯ 6.15 an ounce. The rise in global gold prices was also seen amid indications of a new omikron virus outbreak in Britain. The British pound fell against the dollar in world markets today. The Turkish lira plunged to a new low. In the US, the market was watching the two-day meeting of the Federal Reserve on Tuesday and Wednesday. The market players wer...

Rapid retreat in gold-silver, platinum, palladium

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(Gujarat News Office) MUMBAI: Gold and silver prices continued to decline in the Mumbai jewelery market today. World market news was showing a sharp decline in prices. With the world market collapsing and the import cost of precious metals falling, the jewelery market saw more sellers and less buyers. The rise in bond and treasury yields in the global market and the rise in the global dollar index against various major currencies led to widespread selling of funds in gold in the global market. Gold prices were quoted at વિશ્વ 16 to ૭૩૩ 12 an ounce in the global market today. Global gold and silver prices also fell by ૬૩ 4.5 to ૬૮ 6.5 an ounce and were trading at ૨ 6.41 to ૨૨ 7.5 an ounce today. In the Ahmedabad jewelery market, gold prices fell by Rs 200 per 10 grams to Rs 200 from Rs 4.50 and Rs 200 from Rs 4.50. While Ahmedabad silver price today fell by Rs 200 per kg to Rs 31,000. Platinum prices in the world market fell by ૯૯૫ 6 to ૯૯૬ 8 an ounce from ૯૮ 60 to આજે 71 today, whi...