Gold breaks four-day long rally as rates come down by Rs 600

By MG News | January 22, 2021 at 06:38 PM GMT+05:00

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January 22, 2021 (MLN): Gold price broke its four-day streak row in the domestic bullion market on Friday as it declined by Rs 600 to Rs 112,800 per tola against the price of Rs 113,400 per tola reported in the previous session.

According to the data provided by the All Sindh Saraf Jewellers Association, the price of 10-gram of 24k gold also declined by Rs 514 and was sold for Rs 96,708 at the closing of trade as opposed to Rs 97,222 reported yesterday.

However, silver rates remained unchanged at Rs 1,300 per tola. The price of 10 grams of silver also remained the same at Rs 1,114.54.

In the international markets, the gold prices went down by USD 25 and traded at USD 1,845 per ounce against USD 1,870 per ounce recorded yesterday, while silver was valued at USD 25.25 an ounce.

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