Crude oil rise: OPEC countries point to slow production growth

Mumbai : Gold prices rose in Mumbai’s jewelery market today, while silver remained soft. In the global market today, gold and silver prices declined, but in the domestic currency market: the dollar rose against the pia, and the jewelry market had a mixed effect. Global gold prices continued to decline today due to rising dollar […]
 


Crude oil rise: OPEC countries point to slow production growth

Mumbai : Gold prices rose in Mumbai’s jewelery market today, while silver remained soft. In the global market today, gold and silver prices declined, but in the domestic currency market: the dollar rose against the pia, and the jewelry market had a mixed effect. Global gold prices continued to decline today due to rising dollar index and bond yields in the global market.

There has been a setback in the prices of crude oil in the global market today. In a meeting organized by the Organization of Crude Oil Producing Countries and Allied Countries, it has been decided to increase the daily production of crude oil by only 1 lakh barrels in September. Indeed, September’s production growth was set much lower than the July and August’s production growth, and there were reports that crude oil prices rose again in the world market today.

Crude oil prices in New York rose by 94.20 to $96.05 a barrel from 96.57. While the price of Brent crude was at a high of 92.74 from 102.23 to $ 101.90.

Globally, the price of gold fell from 1784 to $ 1785 per ounce today, from 1771 to $ 1772. Although the world market declined, domestic gold prices rose as the dollar rose domestically. In Ahmedabad, gold prices rose by Rs. 300 to Rs. 99.50 per 10 grams and by Rs. 53,300 to Rs. 99.90. Anadwara silver remained calm at Rs 58,500 per kg.

The price of silver in the world market was $ 20.38 to $ 20.39 an ounce, today it was speaking from $ 20.13 to $ 20.14. Platinum was priced at $902 to $903 with 920 to 921 while palladium was priced from $2193 to 2194 from 2028 to 2029.

In Mumbai’s jewelery market today, gold rose by Rs 99.50 to Rs 51360 and without GST by Rs 99.90 to Rs 51566. Whereas Mumbai silver prices have gone up to Rs 57309 without GST.