Gold drops by Rs 700 per tola to Rs 97,700

News Image

MG News | June 03, 2020 at 04:24 PM GMT+05:00

June 03, 2020 (MLN): The price of 24 Karat-Gold plunged by Rs 700 to Rs 97,700 per tola as demand for safe-haven metal decreased in local markets today. The precious yellow metal of 24-Karat had closed at Rs 98,400 per tola on the last day.

According to the Karachi Sarafa Association, the price of 10-gram gold also dropped by Rs 600 to settle at Rs 83,762 against Rs 84,362 on the last trading day.

On the other hand, the silver prices remained flat at Rs 1,050 per tola.  Similarly, 10-gram silver stayed stagnant at Rs 900.20.

In the global market, gold prices clocked in at to $1,740 per ounce, down by $22, while silver was valued at $18.30 per ounce.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 175,802.79
267.06M
-1.30%
-2320.78
ALLSHR 106,568.29
617.78M
-1.25%
-1352.24
KSE30 52,497.68
83.82M
-1.25%
-665.92
KMI30 247,323.37
106.69M
-1.37%
-3422.76
KMIALLSHR 68,315.26
363.70M
-1.37%
-952.13
BKTi 49,936.11
23.35M
-1.18%
-594.28
OGTi 34,758.02
9.23M
-1.71%
-605.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,780.00 65,035.00
63,980.00
510.00
0.79%
BRENT CRUDE 90.82 91.42
89.10
2.72
3.09%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.25
-1.17%
ROTTERDAM COAL MONTHLY 119.80 0.00
0.00
0.10
0.08%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 83.93 84.60
82.88
2.15
2.63%
SUGAR #11 WORLD 14.82 14.94
14.39
0.38
2.63%

Chart of the Day


Latest News
July 18, 2026 at 06:57 PM GMT+05:00

Pakistan, Japan explore startup, innovation partnerships


July 18, 2026 at 06:37 PM GMT+05:00

Pakistan's external financing hits $16bn in FY26


July 18, 2026 at 02:34 PM GMT+05:00

Weekly Market Roundup



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg