Mumbai: Gold prices remained soft in Mumbai jewelery market today. Whereas a higher rise was seen in the price of silver. The news from the world market was fast. Domestically, silver prices rose by Rs 1,000 per kg to Rs 83,000 in the Ahmedabad jewelery market today. However, in Ahmedabad, gold prices fell by Rs 100 per 10 grams to Rs 99.50 at Rs 73600 and Rs 99.90 at Rs 73800.
However, there were indications that the price of gold in the world market increased from 2315 to 52316 percent to 2322 to 2323 dollars. Fund buying was active. Globally, silver prices rose from $27.32 to $27.80 to $27.75 to $27.76 an ounce. There was talk of continued buying of silver in the face of reduced global supply. Domestically, ahead of Akhtarijas, gold prices witnessed a slow decline while silver prices witnessed a sharp rise.
In Mumbai bullion market, the price of gold without GST was Rs 71,358 at 99.50, Rs 71,216 at 99.90 and Rs 71,502 at Rs 71,645. Whereas in Mumbai today the price of silver was Rs 81542 and without GST it was Rs 82342.
Gold and silver prices in Mumbai were 3 percent more than this price including GST. Meanwhile, there was a sharp recovery in crude oil prices in the global market, which had a positive impact on global gold prices. Brent crude prices ranged from $84.33 to $84.08, hitting a high of $82.08 a barrel. The price of American crude increased from 77.33 to 79.80 dollars to 79.51 dollars.
According to the US Energy Information Administration EIA, the crude oil stock in the United States has decreased by 1.4 million barrels after the American Petroleum Institute said that the crude oil stock in the United States has increased by 5 lakh 9 thousand barrels! Amidst such contradictory news, the prices of crude oil increased again in the world market today.
Meanwhile, global copper prices witnessed a slow decline today, while global platinum prices rose from 970 to 986 to 978 to 979 dollars. Palladium prices fell from $954 to $945 to $949 to $950.
