Suspense Crime Sach Ka Dam
[ad_1]
Mumbai: Signs of resolution on the issue of raising the debt limit in the US strengthened the dollar in the world market, while gold and silver fell sharply. Gold fell below $2,000 in the world market, resulting in a return of the precious metal back home. Gold fell below Rs 61,000 in the Mumbai market. The rupee saw mixed movements against global currencies. Crude oil prices are stable.
In the Mumbai market, the non-GST rate of gold in the domestic market fell to Rs 60,646 on Wednesday from Rs 61,066 on Tuesday at Rs 99.90 per 10 grams. Rs 99.50 per ten grams without GST, the price was Rs 60403. With GST, the prices were increased by three per cent. Silver was priced at Rs 999 per kg without GST at Rs 71808. With GST, the prices were increased by three per cent.
Ahmedabad gold was quoted at Rs.62,600 per 10 grams at Rs.99.90 and Rs.62,400 per 10 grams at Rs.99.50. Silver .999 sold at Rs.72700 per kg.
Hopes of a deal between US President Joe Biden and Republicans on raising the debt ceiling boosted the dollar in global markets and underpowered the precious metal.
Late in the evening, gold fell below $2,000 an ounce to $1,985 an ounce. The price of silver stood at 23.68 per ounce. The dollar index rose to 102.87. A modest rise in US retail sales raised the prospect of an interest rate hike, which also put pressure on gold.
The rupee depreciated to a six-week low in a single day against the dollar in the domestic forex market. The dollar was at Rs 82.46 and finally at Rs 82.28 and finally at Rs 82.38. The pound declined by 58 paise to close at Rs 102.46 while the euro declined by 33 paise to close at Rs 89.24.
There was no significant rise in crude oil amid weak economic data from China. Nymax WTI crude oil was at $71.15 a barrel while ICE Brent crude was at $75.20 a barrel.
