Mumbai: Gold and silver prices reached a new height in the Mumbai jewelery market today, as they continued to rise and reached record high, while silver prices fell against the rupee, as the rise was reduced.
There were reports that the price of gold in the world market increased from $ 3035 to $ 3036 an ounce, which reached a new height of $ 3045 to $ 3046 and then closed from $ 3038 to 3039 $ 3039. These funds were active buyers. The historic growth of gold continued in jewelery markets, while domestical import costs increased, which lagged behind the global market.
In the Ahmedabad jewelery market, gold prices rose by Rs 100 today. 200 rupees per 10 grams. 91,200 for 995 and Rs. Silver fell by Rs 91,500 to Rs 999 in Ahmedabad. Rs 500 per kg to Rs. 99,000. In the world market today, silver fell from $ 34.19 to $ 34.20, $ 33.57, fell from $ 33.84 to $ 33.85.
Meanwhile, the market was eyeing the Federal Reserve’s attitude on the interest rates in the US. Platinum in the world market fell from $ 1007–1008 an ounce to a low of $ 985-992-993.
Paladium prices fell from $ 977 to $ 978, $ 957, $ 965 and then $ 966. However, globally copper prices increased by 0.62 percent. Global copper prices were expected to rise to $ 10,000 per tonne. There was hope of increasing Chinese demand in the copper market.
Meanwhile, the price of gold increased from Rs 100 to Rs 150 per kg in the Mumbai bullion market today. 995 to Rs. 88,325 to Rs. 88,294. While it was priced at Rs 1299 from Rs 999. 88354 to Rs. It was Rs 88680. Silver in Mumbai was Rs 88649. 100,400 rupees except GST and today it is Rs. 99,968. Gold and silver prices with GST in Mumbai were 3 percent higher than this price.
Meanwhile, crude oil prices in the world market were under pressure. The US Petroleum Institute said that crude oil reserves in the US were expected to increase by 1.7 million barrels, but in fact it increased by 4.5 to 4.6 million barrels. Brent crude prices fell from $ 71.86 per barrel to $ 69.90 to $ 70.55 per barrel in the world market. US crude oil prices fell from $ 68.34 to $ 76.21.
