Mumbai: Gold and silver prices were soft in Mumbai jewelery market today. The news of the world market was showing a decline. With the decline in the global market and the rupee strengthened against the dollar in the domestic currency market, there were indications that the import cost of valuable metals imported in the country has decreased and as a result the seller was high and the buyer was less at the falling prices in the jewelery market.
In the Ahmedabad jewelery market today, the price of gold declined by 100 rupees. 400 rupees per 10 grams. 95,300 in 995 95,600 in 999. Whereas in Ahmedabad, the price of silver declined by the rupee. Rs 500 per kg to Rs. 95,000. It was reported that the price of gold in the world market was $ 3,219. Globally, silver was priced at $ 32.28. Today, copper prices fell by 1.36 percent in the world market.
Meanwhile, there was a lot of debate in the global bullion market on the issue, when Ghana issued a fatwa that no foreigner would be able to trade in its gold market.
There were reports of increasing trade deficit in India due to increase in gold and crude oil imports in March. In the world market, the price of Brent crude oil fell from $ 65.75 to $ 64.30 per barrel.
Since the US is banning Iranian oil, the world market is reported to have increased instability, as Iran has started a series of meetings with Russia. American crude oil prices fell from $ 60.94 to a low of $ 61.02 in the global market.
The price of gold was Rs 100 per kg, except GST in Mumbai bullion market. 921,729 for 995 and Rs. 93,102 for 999, while silver in Mumbai is priced at Rs. Except 95,030 GST. In the world market, the price of platinum increased from $ 965 to $ 962 and then $ 963.
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