Mumbai: Gold and silver prices reached record high in Mumbai’s jewelery market today. India’s jewelery markets witnessed a rise today due to increase in the import cost of precious metals domestically due to rise in the global market and falling rupee against the dollar in the domestic currency market.
At the Ahmedabad jewelery market, gold prices rose by Rs 200 per 10 gram to Rs 79,900 from Rs 99.50 and Rs 80,100 to Rs 99.90.
Ahmedabad silver price was Rs 90500 per kg. Gold prices in the world market were directed at $2673 to $2672 in the range of $2649 to $2650 an ounce. The funds were active. Behind gold, global silver prices also rose to $30.39 from $30.34 to $30.75 an ounce from $30.07 to $30.08 an ounce.
Meanwhile, the World Gold Council said that after the US elections last year, the Reserve Bank of India bought about 8 tonnes of gold in November and till the end of the US elections, the Reserve Bank of India bought about 8 tonnes of gold in November. It was reported that the RBI had gold reserves. The holding has increased to 876 tonnes.
Meanwhile, platinum prices in the world market increased from 961 to 957 to 958 dollars. Palladium price ranged from a high of $933 and low of $920 to $928 to $929. Global copper prices rose 1.15 percent today.
However, global crude oil prices remain on a decline from higher levels. Brent crude prices fell $77.27 a barrel to $75.68 to $76.37. YPS crude prices ranged from $74.64 to $72.84 to $73.50.
Meanwhile, news came that America’s current President Biden has given 500 million dollars for Ukraine. Due to this, informants feared increasing tension between Russia and Ukraine. In Mumbai bullion market today, gold price increased from Rs 99.50 to Rs 77307 without GST, while the price of silver in Mumbai increased to Rs 89800 without GST. Gold and silver prices in Mumbai were 3 percent more than this price including GST.
