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Gold price edges lower by Rs 100 to Rs 90,350

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February 12, 2020 (MLN): The price of 12-gram gold was recorded at Rs 90,350, decreasing by Rs 100 in the local market. The valuable yellow metal had closed at Rs 91,450 per 12 gram on previous trading day.

According to the Karachi Sarafa Association, gold price per 10 gram clocked in at Rs 77,461, lower by Rs 85 from Rs 77,546 per 10 in the previous trade.

On the other hand, the silver prices remained flat and closed at Rs 1000 per 12 gram. Similarly, 10-gram silver remained stable at Rs 857.33.

In the global market, gold prices edged lower by only $4 to $1566 per ounce, while silver was valued at $17.55 per ounce.

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Posted on: 2020-02-12T17:56:00+05:00