Gold edges lower by Rs 100 per tola to Rs 97,600

By MG News | June 05, 2020 at 05:08 PM GMT+05:00

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June 05, 2020 (MLN): The price of 24 Karat-Gold edged lower by Rs 100 to Rs 97,600 per tola in bullion markets as local equities rose today on trade data. The precious yellow metal of 24-Karat had closed at Rs 97,700 per tola on the last day.

According to the Karachi Sarafa Association, the price of 10-gram gold also dropped by Rs 86 to settle at 83,676 Rs against Rs 83,762 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 inched lower by $1 to clock in at $1,706 per ounce while silver was valued at $17.64 per ounce.

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