Gold falls by Rs 300 to Rs 94,450 per 12 gram

MG News | February 27, 2020 at 03:20 PM GMT+05:00

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February 27, 2020 (MLN): Taking its inspiration from the previous trading session, gold lost Rs 300 in today’s session to settle at Rs 94,450 per 12 gram. The valuable yellow metal had closed at Rs 94,750 per 12 gram on previous trading day.

According to the Karachi Sarafa Association, gold price per 10 gram clocked in at Rs 80,976, down by Rs 257 from Rs 81,233 per 10 in the previous trade.

Similarly, as a result of a decrease in demand for silver, the silver prices edged lower by Rs 30 and closed at Rs 1020 per 12 gram. Similarly, 10-gram silver witnessed a decrease of Rs 25.7 to peg at Rs 874.5.

In the global market, gold prices inched down by $3 to $1,645 per ounce, while silver was valued at $18 per ounce.

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