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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KSE30	53,347.67 160.21M	4.70% 2395.68
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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,060.00	66,075.00 63,875.00	845.00 1.32%
BRENT CRUDE	88.91	93.60 87.55	-7.87 -8.13%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	120.00	120.00 120.00	-0.25 -0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	82.81	86.20 82.12	-6.50 -7.28%
SUGAR #11 WORLD	14.56	14.75 14.54	-0.21 -1.42%