Gold price drops by Rs 400 to Rs 94,750 per 12 gram

February 26, 2020 (MLN): Gold witnessed a decrease in demand today as it lost Rs 400 in today’s session to settle at Rs 94,750 per 12 gram. The valuable yellow metal had closed at Rs 95,150 per 12 gram on previous trading day.

According to the Karachi Sarafa Association, gold price per 10 gram clocked in at Rs 81,233, down by Rs 343 from Rs 81,576 per 10 in the previous trade.

On the other hand, the silver prices remained flat and closed at Rs 1050 per 12 gram. Similarly, 10-gram silver pegged at Rs 900.2.

In the global market, gold prices went down by $7 to $1,648 per ounce, while silver was valued at $18.12 per ounce.

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Posted on: 2020-02-26T14:04:00+05:00