As the global price of gold fell by $30 from the highs, the country also retreated again

Mumbai : Gold prices continued to decline in Mumbai’s jewelery market today. The news of the world market also saw a sharp decline after the rise in gold. There are signs of good job growth figures in America. As job growth picks up, spending and inflation are likely to rise, and this likely led to […]
 


As the global price of gold fell by $30 from the highs, the country also retreated again

Mumbai : Gold prices continued to decline in Mumbai’s jewelery market today. The news of the world market also saw a sharp decline after the rise in gold. There are signs of good job growth figures in America. As job growth picks up, spending and inflation are likely to rise, and this likely led to continued aggression in interest rate hikes, with signs of increased money selling on the rise in global gold.

The price of gold in the world market was as high as $1786 to $1787 an ounce, after being from 1794 to $1795 an ounce, the price fell sharply and was reported from $1765 to $1766. The price of silver in the world market was from 19.61 to 19.64 to $ 19.65 per ounce in the world market today.

Meanwhile, the price of gold in Mumbai market today increased from Rs 51,831 to Rs 99.50 per 10 grams to Rs 51,931 without GST. There were 51811. While the price of 99.90 was from Rs 52039 to Rs 52140 to Rs 52019.

Gold prices in Mumbai including GST were 3 per cent higher than this price. Meanwhile, silver prices in Mumbai stood at Rs 58,057 per kg at Rs 57,362 per kg without GST, while the prices were 3 per cent higher with GST.

Silver prices declined by Rs 500 to Rs 58500 in Ahmedabad’s jewelery market today, while gold rose by Rs 100 by Rs 99.50 to Rs 53600 and Rs 53800 to Rs 99.90 in Ahmedabad.

Crude oil prices fell to a six-month low as the fall continued. There was news that Switzerland has banned the import of gold from Russia. Crude oil prices fell from $ 87.68 to $ 87.86 a barrel in New York, while Brent crude prices fell to a low of $ 93.43 to $ 93.46 in New York.

Crude prices have declined by $3 to $4. Traders said the government in India has reduced the customs duty exchange rate for importers from Rs 80.95 to Rs 80.25 in the effective import duty of gold and silver.