Gold, Silver Prices Stable Ahead of Russia-Ukraine Ceasefire Talks; Crude Oil Sees Modest Rise

MUMBAI: US President Donald Trump and Ukraine President Zelensky, in addition to Russia and Ukraine, have been stable in precious metals in the world market before a meeting of some leaders of Europe. The price of crude oil was modest.

The global price of crude oil, informed to India by the American White House adviser to prevent the purchase of crude oil from Russia, saw a modest improvement on the first day of the week.

In the domestic Mumbai jewelery market, the price of ten grams of 1.8 grams of gold was again sliding at Rs. The price was Rs. Silver was also softened at Rs.

In the Ahmedabad jewelery market, the price of 1.8 tens of grams of gold was Rs 5 while the price of Rs 5 per ten grams was put at Rs. Silver was quoting.

In the world market, gold was $ 5 per ounce while silver was $ 1.8 per ounce. The other precious metal platinum was priced at $ 5 per ounce while palladium was $ 1 per ounce. Prior to the meeting of some European leaders, including Donald Trump and Zelensky, to prevent Russia-Ukraine war, there was a relatively stability in precious metals.

Peter Navaro, American White House Trade Advisor, raised crude oil prices for not buying crude oil from Russia. Nymex WTI crude oil was $ 1.8 per barrel while ICE Brent crude oil was $ 1.8. China was also reported to have raised a high tariff weapon against China for buying Russia's crude.