Mumbai: There was a significant bounce in gold prices in the world market. Globally, gold prices fell from $ 3295 an ounce to $ 3296 an ounce, then reached $ 3265, then reached the highest level of $ 3370, and was expected to close from $ 3319 to $ 3320 at the end of the week. Market players were monitoring unbalanced fluctuations in the global dollar index and trade talks between China and the US. Silver prices in the world market ranged between $ 33.30 to $ 33.31 an ounce, with a minimum price of $ 32.77 and the maximum price was $ 33.68 and the final price was between $ 33.11 to $ 33.12.
The bullion market in Mumbai’s jewelery market remained officially closed due to Saturday. However, gold prices rose after the market closure, while silver prices saw a fall. Meanwhile, gold prices rose by Rs 100 in the Ahmedabad jewelery market domestically behind the global market. 500 rupees per 10 grams. 98,800 for 995 and Rs. 99,100 for 999. However, the price of silver declined by the rupee in Ahmedabad. Rs 1,000 per kg to Rs. 97,000.
Meanwhile, the global dollar index reached the highest of 99.89 and the lowest level of 99.40 and last stood at 99.59. There was a concern that business activities in the US were slowing down and reached a 16 -month low. There has been a significant decline in such commercial activities in April.
Although US President Trump is said to have affected business activities by starting tariffs and trade war, it has also affected the consumer spirit. The news came that the claims of unemployment in America increased from 2 lakh 16 thousand to 2 lakh 22 thousand.
Meanwhile, the dollar fell from Rs 10 to Rs 11 per dollar against the rupee today in the Mumbai money market. 85.39 Rs. It closed at Rs 85.40 in the closed market. The price of gold was Rs 100 per kg, except GST in Mumbai bullion market. Compared to Rs 95,700. In 995, the price of gold was Rs 95,248, while the price of gold in 999 was Rs. 95,631. While the price of silver in Mumbai was spoken by Rs 200 per kg. In place of Rs 96,650. 97,684 without GST. Gold and silver prices with GST in Mumbai were 3 percent higher than this price.
Meanwhile, Richard Nixon in the US declined significantly in the first 100 days of Richard Nixon’s presidentiality, which took place in 1969, and the record of that time is now broken in Trump’s first 100 days. Experts said that there was a further decline in the dollar in Trump’s first 100 days.
In the world market, the price of platinum increased from $ 978 to $ 975 and then $ 976. Paladium prices rose from $ 948 to $ 949. The price of Brent crude in crude oil increased from $ 67.18 to $ 66.87 per barrel. Global copper prices were 0.32 percent lower last time.
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