Gold Price dips by Rs 700 to Rs 114,600 per tola

MG News | November 09, 2020 at 05:46 PM GMT+05:00

0:00

November 9, 2020 (MLN): Following a rally last week, gold prices extended gains on Monday in international market mainly on the back of weaker dollar and expectations of more monetary stimulus under a Joe Biden presidency.

The price of yellow metal jumped by $5 to $1,957 an ounce while, the white metal in the international market was traded at $25.75 per ounce.

On the domestic front, the price of 24 karat gold dropped by Rs 700 to Rs 114,600 in the bullion market. The precious yellow metal of 24-Karat had closed at Rs 116,00 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 plunged by Rs 600 to Ra 98,251 against the price of Rs 99,451 reported Friday.

The price of per tola silver and 10-gram silver did not witness any change at they remained static at Rs 1,250 and Rs 1,071.67 respectively, the association reported.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	154,421.43 202.93M	-0.92% -1437.05
ALLSHR	92,487.78 401.80M	-0.96% -898.05
KSE30	47,322.74 112.52M	-1.11% -528.79
KMI30	221,927.00 101.40M	-0.80% -1792.09
KMIALLSHR	59,889.41 199.88M	-1.08% -652.12
BKTi	44,127.70 34.85M	-1.99% -894.82
OGTi	31,715.42 8.74M	-2.31% -748.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,395.00	72,250.00 70,200.00	750.00 1.06%
BRENT CRUDE	100.84	101.74 99.51	0.38 0.38%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.80 -9.80%
ROTTERDAM COAL MONTHLY	124.50	124.60 123.85	3.10 2.55%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	95.94	98.09 94.66	0.21 0.22%
SUGAR #11 WORLD	14.43	14.49 14.12	0.18 1.26%