Mumbai: Gold and silver prices continued to rise in Mumbai jewelery market today. News from the world market was encouraging, as the world market grew, domestic import costs increased and had a positive impact on market prices. Funds were active buyers of global gold amid fall in dollar index and bond yields in the world market.
Global gold prices ranged from a high of 2642 to 2643 an ounce at $2655 to 2650 to 2651 an ounce. Behind gold, the news was that global silver prices rose from $31.41 to $31.42 to $31.30 to $31.31 from a high of $30.72 to $30.73. Domestic prices were seen rising behind the world market.
Today, in the jewelery market of Ahmedabad, the price of gold increased by Rs 100 to Rs 99.50 and by Rs 79,000 it increased to Rs 99.90. Ahmedabad silver price rose by Rs 500 per kg to Rs 91,500. Meanwhile, gold prices rose from Rs 76,086 to Rs 99.50 at Rs 76,147 and from Rs 76,453 to Rs 99.90 at the Mumbai bullion market. Mumbai silver prices without GST ranged from Rs 9025 to Rs 91210. Gold and silver prices in Mumbai were 3 percent more than this price including GST. Meanwhile, platinum prices in the world market ranged from $938 to $939 an ounce at $950 to $943 to $944 an ounce.
While palladium prices ranged from high of 964 to 965 at $988 to 976 to 977. However, global copper prices remained soft by 0.14 per cent today. New demand from China has been slow. Meanwhile, crude oil prices in the world market are declining after increasing. The price of Brent crude remained at 73.78 per barrel, ranging from 71.80 to 72.33 dollars.
US crude prices fell from $70.01 to $67.98 to $68.52. Discussions were being heard in the world market that OPEC, the organization of crude oil producers, has postponed the decision to increase crude oil production for 3 months and now there are instructions to continue the implementation of production cuts for 3 months. Month.