Massive upheaval in silver behind global markets: Gold also retreat

Ahmedabad, 09.09 March 2020, Monday

In the global markets today, there was a downward trend in the precious metals in both the precious metals and in the domestic gold and silver markets, which saw a sharp trend in silver and a narrow movement in the gold.

On the other hand, there was a large movement in precious metals in the global markets following the movement of Corona. Was.

In the global markets, gold fell below the $ 5 level at one point and dropped to $ 5 in the late evening. Silver, on the other hand, dropped below the $ 1.8 level and was trading at $ 1.8.

These reports had a direct impact on the domestic gold and silver markets. Silver in Ahmedabad gold and silver market today It was broken down to 5. While gold was Rs. It dropped to a low of 5,3. While the silver in the Mumbai bullion market was Rs. 1 was broken down to 5. While gold (0.5) was Rs. 1 rose to 5 and gold (0.5) was Rs. It was closing at 5 to 5.

The rupee had lost 5 paise against the US dollar in the futures market and remained soft at the headline. While the pound was up 4 paise to 1.8. Crude oil prices fell 5 percent late in the evening after intraday breaks by 5 percent, leaving Brent at $ 8 and New York at $ 5 a barrel.