Gold increases by Rs 400 per tola, silver remains flat

MG News | August 17, 2020 at 06:07 PM GMT+05:00

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August 17, 2020 (MLN): The precious yellow metal rebounded on Monday in the domestic market after posting significant losses last week. The 24 Karat- Gold gained by Rs 400 to clock in at Rs 119,400 per tola. The precious yellow metal of 24-Karat had closed at Rs 119,000 per tola on the last day.

According to the data released by the All Sindh Saraf Jewellers Association, the price of 10-gram gold also witnessed an increase of Rs 343 to settle at Rs 102,366 against the previous close of Rs 102,023 per-gram.

On the other hand, the silver prices remained stable at Rs 1,470 per tola. Likewise, the price of 10-gram silver remained stagnant at Rs 1,260.28.

In the international market, gold prices edged higher to $1,953 an ounce while silver reached $26.92 per ounce.

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