Mumbai: In the Mumbai bullion market, the record of gold prices came to a standstill today and the price of gold was seen falling down from its peak. It was known from the news of the world market that the funds were being made profitable by the funds amidst the jump in gold. Behind the global market, domestically, the sellers were more and the buyers were less. In the Ahmedabad jewelery market, gold prices fell by Rs 100 today. 200 rupees per 10 grams. 93,500 for 995 and Rs. 93,800 for 999, while in Ahmedabad, silver was hovering around Rs. 99,500 per kg.
There were reports that the price of gold in the world market fell from 3133 to $ 3134 an ounce to $ 3107 to $ 3108, 3123 to 3124 lows. Globally, silver prices fell from $ 33.92 to $ 33.60 to $ 33.60, from $ 33.79 to 33.80 $ 33.80.
Market experts reported that effective import duty on precious metals has increased, as the government has increased the tariff price, which is used as a benchmark for calculating import duty on imported gold and silver in India. There were reports that the tariff price in terms of dollars had increased from $ 941 to $ 984 per 10 grams of gold and increased from $ 1,067 to $ 1,102 per kg of silver.
Meanwhile, the price of gold fell to Rs 200 per 10 grams in the Mumbai bullion market today. 90,632 in 995 90,996 in 999, except GST. While the price of silver in Mumbai fell to Rs 250 an ounce. Rs 99,536 except GST. Gold and silver prices in Mumbai were 3 percent higher than GST prices.
Copper prices in the world market increased by 0.62 percent today, while Platinum prices remained at a minimum level of $ 976 and the highest level of $ 992, which remained within the range of $ 981 to $ 982. Paladium prices were at a minimum of $ 981 and a maximum of $ 993, between $ 984 to $ 985. After the rise in crude oil prices globally, the prices were seen again today.
Global Brent crude oil prices fell from the lowest level of $ 74.60 per barrel to $ 74.03 per barrel. American crude oil prices fell from lowest level of $ 71.34 to $ 70.61. In March, India’s crude oil imports were expected to increase by 67 percent. According to Goldman Sachs, the discussion of recession in the new demand for gold in the market was in full swing, and the Japanese currency yen was the best currency for safe purchase.
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