Gold ends 5-day winning streak

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By MG News | July 10, 2020 at 05:20 PM GMT+05:00

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July 10, 2020 (MLN): Breaking its five-day rising streak, gold price declined by Rs 200 to Rs 108,900 per tola in bullion markets. The precious yellow metal of 24-Karat had closed at Rs 109,100 per tola on the last day.

According to the Karachi Sarafa Association, the price of 10-gram gold also witnessed a decrease of Rs 172 to settle at Rs 93,364 against Rs 93,536 on the last trading day.

On the other hand, the silver prices remained flat at Rs 1,060 per tola.  Similarly, 10-gram silver stayed stagnant at Rs 908.78.

In the global market, gold prices inched lower by $6 to clock in at $1,808 per ounce while silver was valued at $18.76 per ounce.

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