Gold price falls by Rs 50 to Rs 110,700 per tola

February 23, 2021 (MLN): Gold prices edged lower today in the domestic billion market, as the per tola price of 24 karat gold dipped by Rs 50 and was sold at Rs110,700 against the sale at Rs110,750 reported yesterday.

Likewise, 10-grams of 24 karat gold also witnessed a fall of Rs 43 to settle at Rs 94,907 as opposed to the previous close of Rs 94,950, data provided by All Sindh Sarah Jewellers Association revealed.

On the other hand, per tola silver increased by Rs 10 and was traded at Rs 1,410 against its sale at Rs 1,400 while that of 10-gram silver increased by Rs 8.57 and was traded at Rs 1, 208.84 against Rs 1,200.27.

In the international market,  the easing of  US bond yields lifted gold as its price climbed by USD 9 and was available at USD 1,807 an ounce against USD 1,798 an ounce in the previous session, while silver was valued at Rs 27.84 an ounce, the associated reported.

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Posted on: 2021-02-23T16:56:00+05:00