Ahmedabad, Mumbai: Amidst the fears of trade war after Trump becoming the President of America, due to the fall in the global dollar index and the fall in America’s bond yield, there was new buying of gold in the global market today. Gold reached 83,000 in the Ahmedabad gold-silver market today. Reached a record high of Rs 82,800. Earlier, in Ahmedabad gold-silver market, gold had reached the peak of Rs 82,300 on 30 October 2024. Today, breaking this record, gold in Ahmedabad reached a new high.
A record rise in gold prices was seen in Mumbai jewelery market today. There was a rise in world market news. With the increase in the world market, the domestic import cost also increased and due to this, a record rise was seen in the jewelery markets of the country today. However, market insiders said new demand has slowed down due to higher prices.
In the jewelery market of Ahmedabad, the price of gold reached the highest level of Rs 83 thousand per 10 grams. In the world market, gold prices increased from 2726 to 2727 to 2763 to 2763 to 2759 to 2760 dollars an ounce. in the world market
Behind gold in the global market, silver prices also ranged from 30.95 to 30.96 to 30.83 to 30.84 to a high of $30.61 to 30.62 per ounce.
In the domestic market today, gold price in Ahmedabad’s jewelery market increased by Rs 700 per 10 grams and reached a peak of Rs 82,600 at 99.50 and Rs 82,800 at 99.90. Ahmedabad silver price increased by Rs 1000 to Rs 91500 per kg. In Mumbai bullion market today, gold prices without GST were at Rs 99.50, Rs 79,873, Rs 79,135 and at Rs 99.90, Rs 79,253, at Rs 80,194.
Whereas in Mumbai, silver prices without GST were Rs 90533 to Rs 91248. Gold and silver prices in Mumbai were 3 percent more than this price including GST. It was discussed that the price of gold domestically has increased by about 14 to 15 dollars per ounce as compared to the price of gold in the world market. In December such discount was about $4.
Meanwhile, platinum prices in the world market rose to $949-950 from $943-944. Palladium prices ranged from a high of 941 to 942 at $972 to a high of $970 to 971.
US President Trump indicated 10 percent tariff against China and today the prices of copper and crude oil fell in the world market. Global copper prices fell by 0.70 percent today. Experts were saying that so far this year the price of gold has increased by Rs 4 thousand.
Crude oil prices in the world market continued to fluctuate within fair limits. Brent crude prices ranged from $78.92 to $78.81 per barrel and $79.90 to $79.27 per barrel. US crude prices ranged from $75.28 to $75.097 to $76.45 to $75.78. China’s new purchases fell. The impact of Trump’s trade war and tariff signals was visible on the market.