Gold posts marginal gains

MG News | July 16, 2020 at 05:02 PM GMT+05:00

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July 16, 2020 (MLN): Gold moved fractionally higher at the domestic bullion market today. The price of 24 Karat-Gold increased by only Rs 50 to Rs 109,350 per tola in the local market. The valuable yellow metal had closed at Rs 109,300 per tola on the previous trading day.

According to the Karachi Sarafa Association, the price of 10-gram gold also increased marginally by Rs 43 to settle at Rs 93,750 against Rs 93,707 on the last trading day.

On the other hand, the silver prices remained flat at Rs 1,110 per tola. Similarly, 10-gram silver remained stable at Rs 943.07.

In the international market, gold prices reached $1,806 an ounce, down by only $2 while silver was pegged at $19.27 per ounce.

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