Gold observes a drop of Rs 500 to settle at Rs 94,500

MG News | March 12, 2020 at 04:47 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 12, 2020 (MLN): The demand for safe-haven fell today despite the stock carnage in capital markets. The price per tola gold dropped by Rs 500 to close at Rs 94,500 in the local market. The yellow metal had closed at Rs 95,000 per tola on last trading day.

According to the Karachi Sarafa Association, 10-gram gold lost Rs 428 to settle at Rs 81,019.

On the other hand, the silver prices remained flat and closed at Rs 1000 per tola. Similarly, 10-gram silver remained stable at Rs 857.33.

In the global market, gold prices declined by $26 to $1,640 per ounce against the previous closing of $1,666, while silver was valued at $16.70 per ounce.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,511.86 278.75M	0.98% 1646.82
ALLSHR	103,203.80 682.99M	0.89% 908.76
KSE30	50,839.23 100.13M	1.18% 592.12
KMI30	243,245.60 147.66M	1.61% 3852.07
KMIALLSHR	66,892.15 407.33M	1.15% 757.54
BKTi	47,509.55 28.38M	0.77% 361.93
OGTi	34,789.19 8.38M	1.60% 547.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,635.00	77,915.00 76,375.00	205.00 0.26%
BRENT CRUDE	108.03	108.49 106.11	3.42 3.27%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	3.40 2.69%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	0.95 0.68%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	103.45	103.60 101.59	3.40 3.40%
SUGAR #11 WORLD	18.15	0.00 0.00	0.00 0.00%