Gold price news: In the global market, the tariff war and other reports of gold increased by $ 3,000 in the Ahmedabad gold and silver market. The price of 99.9 gold increased by Rs 1300. Jumping above the level of 90000, it is Rs. It reached a new level of 90700. On the other hand, silver also continued to rise. However, gold came down from its highest level in the global market and trading at $ 2,978. Meanwhile, silver jumped Rs 100 on the day of Dhuleti in Mumbai bullion market yesterday. It had reached a summit of Rs 100,750 which fell to Rs 10,450. 99650 spoke.
The functioning of Ahmedabad gold and silver market started again after Dhuleti holiday, is trading at Rs 99.9 in Ahmedabad at Rs. It rose 1300 points to the highest level of 90700. While gold (99.5) also rose to Rs 250. It closed at 90400. While silver is Rs 100 per 10 grams. It rose 1000 to close at 99000.
Bullion market remained officially closed due to Saturday in Mumbai’s jewelery market. However, market sources said that gold and silver prices in the closed market broke the record and the global market continued to rise from the peak. World market news showed that there was a boom in the sale of funds. Globally, the increase in dollar index and bond returns led to a rise in gold prices globally, promoting the selling of funds.
In the Mumbai bullion market, except GST, a closed price of 10 grams per 10 grams was Rs 88,500 for 995, Rs 87,600 for 999 and Rs 88,800 for 999. While the price of silver in Mumbai was spoken by Rs 99,650 per kg instead of Rs 100,750 per kg without GST.
Gold prices in the world market reached the highest level of $ 3004 to $ 3005 an ounce on Friday, falling to the lowest level of $ 2978 on Saturday to close at $ 2984 to $ 2985 at the end of the week. After gold, the price of silver globally reached the highest level of 34.08 and then came to a low of 33.53. The last time it was priced between $ 33.79 to $ 33.80.
There were reports that the government has increased the tariff price used as benchmarks to calculate import duty on imported gold and silver in the country. As a result, effective import duty on precious metals has also increased. In terms of dollar, this tariff price was directed to increase from $ 927 to $ 941 per 10 grams and silver from $ 1025 to $ 1067 per kg.
Platinum was priced at $ 997 in the world market. Paladium prices were last 0.70 percent. Crude oil prices in the world market rose to $ 70.75 per barrel from the lowest level of Brent and last $ 70.58. There were reports that the US tariff would reduce the supply of crude oil sent by Canada to the US. The market was eyeing the Federal Reserve meeting to be held in the US on 18 and 19th next week.
The dollar index in the global market stood at a minimum level of 103.57 and the highest level of 104.09 and last at 103.79. The dollar fell from Rs 87 to Rs 86.90 against the rupee on Friday in the Mumbai currency market, but again on Saturday, from Rs 86.98 to Rs 86.99.
