Gold ticks up by Rs950 to trade at Rs110,500 per tola

MG News | July 29, 2021 at 05:14 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 29, 2021 (MLN): Gold continued its gaining momentum on the second consecutive day as the price of 24 karat per tola gold jumped by Rs950 and was traded at Rs110,500 against its yesterday close at Rs109,550.

Likewise, the price of 10-gram 24 karat also surged by Rs815 to stand at Rs94,736 while the price of ten-gram of 22 karat inched up to Rs 86,841, as per data provided by Karachi Sarafa and Jewellers Association.

Unlike gold, the price of 24-Karat silver per tola and 10-gram silver remained stagnant at Rs1,460 and Rs1,251.71, respectively.

Meanwhile, the international market observed the thriving demand for yellow metal owing to the dovish tone of Federal Reserve Chairman’s Jerome Powell. In addition, a relatively weak position of dollar added support to the metal which led its price to $1,822 per ounce, up by $23. While silver was traded at $25.47.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,089.28 109.91M	-0.21% -352.63
ALLSHR	101,117.40 308.32M	-0.15% -155.10
KSE30	49,841.71 50.59M	-0.28% -142.15
KMI30	240,372.43 78.75M	-0.02% -45.72
KMIALLSHR	65,518.16 188.07M	-0.05% -35.70
BKTi	46,228.77 7.60M	-0.60% -281.04
OGTi	33,974.66 4.20M	-0.27% -91.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,265.00	83,300.00 82,645.00	795.00 0.96%
BRENT CRUDE	104.54	105.09 102.33	0.26 0.25%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.75 0.59%
ROTTERDAM COAL MONTHLY	143.40	143.40 143.40	-1.15 -0.80%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.66	92.17 90.01	0.17 0.19%
SUGAR #11 WORLD	20.27	20.44 20.09	0.12 0.60%