Gold nosedives by Rs850 per tola
MG News | January 14, 2022 at 05:41 PM GMT+05:00
January 14, 2021 (MLN): The demand for gold remained dented as the price of 24-karat gold declined by Rs850 to close at Rs124,750 per tola, the data revealed by Karachi Sarafa and Jewellers Association showed on Friday.
Similarly, the price of 10-gram of 24k gold plunged by Rs729 to trade at Rs106,953 while the 10gm 22k gold was valued at Rs98,040.
On the contrary, the price of 24-karat silver remained stagnant at Rs1,450. Likewise, the price of 10-gram silver stayed flat at Rs1,243.14.
The safe-haven gold’s appeal remained subdue in the international market to stand at $1,821 per ounce on firmer bond yields as traders are anticipating rate hikes by the U.S. Federal Reserve.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 138,412.25 167.69M | 0.32% 447.43 |
| ALLSHR | 85,702.96 423.92M | 0.15% 131.52 |
| KSE30 | 42,254.84 82.09M | 0.43% 180.24 |
| KMI30 | 194,109.59 84.37M | 0.15% 281.36 |
| KMIALLSHR | 56,713.67 217.03M | 0.03% 16.37 |
| BKTi | 37,831.34 13.04M | 1.62% 603.62 |
| OGTi | 27,440.63 3.93M | -0.09% -23.70 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 119,245.00 | 119,275.00 117,905.00 | 1625.00 1.38% |
| BRENT CRUDE | 72.30 | 72.82 72.29 | -0.94 -1.28% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
| ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 69.93 | 70.41 69.91 | -0.07 -0.10% |
| SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
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 |
|---|