Gold bounce, crosses Rs 91,000

Ahmedabad, Mumbai: The world market today saw a new rise in precious metals and gold reached a new height of $ 3,035. Historically high prices were seen in the country’s jewelery markets today, as the global market rose, which increased the import cost domestically. After this news, gold crossed the Rs 91,000 level for the first time in the Ahmedabad gold-silver market. At the same time, silver once again crossed 1 lakh rupees in Mumbai gold-silver market.

In the Ahmedabad jewelery market today, the price of gold rose by Rs 500 per 10 grams and a faster of Rs 91,000 in 995 and Rs 91,300 in 999. In Ahmedabad, silver prices rose by Rs 500 per kg to Rs 99,500.

Today, the price of gold in the world market increased from $ 2,987 to $ 2,988 an ounce, then crossed $ 3,000, and reached a new record level of $ 3,036 to $ 3,036.

The fall in the bond returns as well as the fall in the global dollar and the increasing tension in the Red Sea region amidst increasing tension in the Red Sea region today received signs of renewed active purchases by funds in gold. Behind gold, global silver prices fell from $ 33.56 to $ 33.57 to $ 34.22, then from $ 34.19 to $ 34.20. Meanwhile, according to ANZ Bank, the price of gold in the world market is now expected to increase by $ 3,100 in three months and $ 3,200 in six months.

Meanwhile, the price of gold in Mumbai bullion market increased to Rs 999 (except GST) to Rs 88,000 and Rs 88,354, while silver in Mumbai except GST to Rs 1 lakh and Rs 100,400. Gold and silver prices with GST in Mumbai were 3 percent higher than this price.

Platinum prices in the world market increased from $ 1,007 to $ 1,008 today, reaching the highest level of $ 1,010, while Paladium prices rose from $ 977 to the highest level of $ 978. Globally, copper prices increased by 1.12 percent today.

Crude oil prices also increased in the world market. Brent crude prices rose from $ 71.43 per barrel to $ 72.19 per barrel. The market was eyeing China’s encouragement. US crude oil prices rose from $ 68.72 to $ 68.34. However, Goldman Sachs had indicated that crude oil prices would fall further.