Gold increases to $1918 an ounce amid US fiscal stimulus hopes

By MG News | October 21, 2020 at 05:51 PM GMT+05:00
October 22, 2020 (MLN): Gold prices jumped on Wednesday on increased demand from gold buyers amid optimism over the fresh COVID-19 relief package. In the international market, gold went up by US $13 and traded at US $1,918 per ounce while silver was pegged at US $25 an ounce.
On the domestic front, the price of 24 karat gold also increased by Rs. 500 to Rs.116,200 per tola. The precious yellow metal of 24-Karat had closed at Rs.115,700 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 rose by Rs. 429 to Rs. 99,623 against the price of Rs. 99,194 reported yesterday.
On the other hand, the price of silver tola and 10-gram silver remained unchanged at Rs.1250 and Rs.1,071.67 respectively, the association reported.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 131,949.07 198.95M |
0.97% 1262.41 |
ALLSHR | 82,069.26 730.83M |
0.94% 764.01 |
KSE30 | 40,387.76 80.88M |
1.11% 442.31 |
KMI30 | 191,376.82 77.76M |
0.36% 678.77 |
KMIALLSHR | 55,193.97 350.11M |
0.22% 119.82 |
BKTi | 35,828.25 28.42M |
3.64% 1259.85 |
OGTi | 28,446.34 6.84M |
-1.02% -293.01 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 108,125.00 | 110,525.00 107,865.00 |
-2290.00 -2.07% |
BRENT CRUDE | 68.51 | 68.89 67.75 |
-0.29 -0.42% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
0.75 0.78% |
ROTTERDAM COAL MONTHLY | 106.00 | 106.00 105.85 |
-2.20 -2.03% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 66.50 | 67.18 66.04 |
-0.50 -0.75% |
SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|