Gold price gains on weaker dollar

MG News | December 16, 2020 at 05:22 PM GMT+05:00

0:00

December 16, 2020 (MLN): Gold prices surged on Wednesday in the domestic bullion market as the price of 24 karat gold rose by Rs 750 to Rs 111,750 against the price of Rs 111,000 per tola reported yesterday.

According to the data released by the All Sindh Saraf Jewellers Association, the price of 10-gram gold also grew by Rs 643 to Rs 95,808 against the price of Rs 95,165 reported in the previous session.

Likewise, the price of silver tola and 10-gram silver witnessed an increase of Rs 50 and Rs 42.87 to stand at Rs 1,250 and Rs 1,071.67 respectively, the association reported.

In the international market, weakness in the dollar and US stimulus talks supported the price for the yellow metal as its price saw an increase of US$20 and traded at US$ 1,864 per ounce, while silver was pegged at US$ 25.20 an ounce.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,333.08 7.33M	0.60% 1019.22
ALLSHR	103,574.28 40.67M	0.54% 558.70
KSE30	52,219.21 4.60M	0.70% 365.15
KMI30	243,205.92 2.98M	0.39% 946.23
KMIALLSHR	66,936.44 14.55M	0.32% 212.27
BKTi	47,445.71 2.27M	1.25% 584.28
OGTi	33,641.01 0.09M	0.08% 25.75

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,905.00	86,965.00 85,930.00	940.00 1.09%
BRENT CRUDE	59.99	60.67 59.75	0.31 0.52%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.30 2.59%
ROTTERDAM COAL MONTHLY	96.50	96.50 95.90	0.85 0.89%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	56.14	56.85 55.91	0.33 0.59%
SUGAR #11 WORLD	14.76	14.89 14.72	-0.06 -0.40%