Gold dips by Rs100 per tola

MG News | December 10, 2021 at 05:48 PM GMT+05:00

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December 10, 2021 (MLN): Gold prices dipped today in the domestic bullion market as the price of 24-karat gold inched down by Rs100 to close at Rs124,200 per tola, data provided by Karachi Sarafa and Jewellers Association showed.

Similarly, the price of 10-gram of 24k gold also dropped by Rs86 and was traded at Rs106,481 while the 10gm 22k gold was valued at Rs97,608 compared to Rs97,687 yesterday.

On the other hand, the price of 24-karat silver remained stagnant at Rs1,460. Likewise, the price of 10-gram silver stayed flat at Rs1,251.71.

In the international market, the demand for gold fell by $12 to settle at $1,771 an ounce, on the back of higher dollar index, raising gold’s cost for buyers holding other currencies. Meanwhile, silver was traded at $21.88 an ounce.

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