Gold hits new high of Rs.102000, jumps by Rs.2500 in two days – Safe-haven buying of funds in gold as tensions rise in the Middle East Global price crosses $3400 and approaches $3450 – Sharp rise in global gold amid Israel-Iran conflict Gold hits new high of Rs.102000, jumps by Rs.2500 in two days Mumbai: Gold prices in the Mumbai jewellery market today witnessed a rapid rise. Market players were stunned as the price reached a new high. Global gold prices rose sharply today as funds bought gold as a safe haven after Israel launched a surprise attack on Iran. As a result, the import cost of gold at home increased, and the country’s jewelry markets were in a state of uproar. In the Ahmedabad jewelry market, the price of gold rose by Rs. 1300 per 10 grams to Rs. 102000, creating a new record. In the Ahmedabad market, the price of gold increased by Rs. 995 to Rs. 101700 and Rs. 999 to Rs. 102000. Gold prices have risen by Rs. 2500 in two days. Meanwhile, at the global level, there was news that gold prices rose to $ 3425 today. Behind gold, global silver prices were at a high of $ 36.63 to $ 36.23. However, in the Ahmedabad market, silver prices remained at the level of Rs. 105000 per kg today. In the Mumbai bullion market today, gold prices excluding GST rose to Rs.98773 from Rs.98661 in the previous session while the price of 999 rose to Rs.99170 from Rs.99058. Mumbai silver prices excluding GST rose to Rs.106240 from Rs.106167. Meanwhile, global platinum prices fell to $1254 today. Palladium prices were at $1069 at the highest and $1046 at the lowest, falling to $1053-1054. Global copper prices fell 1.89 percent today.
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