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	161,210.68 402.54M	3.49% 5433.46
ALLSHR	96,097.29 718.60M	3.34% 3102.77
KSE30	49,781.74 146.66M	3.95% 1890.99
KMI30	230,597.11 158.11M	4.81% 10582.05
KMIALLSHR	62,183.27 382.16M	3.79% 2272.55
BKTi	46,523.21 43.62M	2.50% 1134.61
OGTi	32,678.22 24.62M	6.68% 2046.87

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	72,850.00	73,600.00 72,020.00	-595.00 -0.81%
BRENT CRUDE	82.68	84.74 81.50	1.28 1.57%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-17.10 -14.68%
ROTTERDAM COAL MONTHLY	121.50	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	76.10	78.09 74.97	1.44 1.93%
SUGAR #11 WORLD	13.72	13.80 13.68	-0.01 -0.07%