Gold price edges higher to $1,735 an ounce

MG News | March 18, 2021 at 06:37 PM GMT+05:00

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March 18, 2021 (MLN): Gold prices rebounded today as Asian markets rallied amid Fed’s dovish performance that dragged the US dollar index down. In the international market, yellow metal prices edged higher by USD 7 and traded at USD 1,735 per ounce, while silver was valued at 26.10 an ounce.

The domestic bullion market followed a similar trend as the price of 24 karat gold per tola and 10-gram jumped by Rs 200 and Rs 171 to settle at Rs 106,600 and Rs 91,392 respectively.

On the other hand, the price of silver remained static as 24-Karat silver per tola and 10-gram were available at Rs 1,370 and Rs 1,174.55 respectively, data provided by Karachi Sarafa Association revealed.

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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,790.00	119,265.00 118,675.00	260.00 0.22%
BRENT CRUDE	70.68	70.86 70.46	0.32 0.45%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
ROTTERDAM COAL MONTHLY	108.75	108.75 108.75	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.74	68.95 68.50	0.29 0.42%
SUGAR #11 WORLD	16.56	16.60 16.20	0.30 1.85%