Gold price gains on weaker dollar

News Image

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

Join our Whatsapp channel
Add Mettisglobal as a Trusted Source on Google Google
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

News
Gold price in Pakistan falls Rs15,500 per tola
News
Gold price in Pakistan rises Rs1,000 per tola
News
Gold holds stable ground amid Trump, Xi Summit uncertainty
Name Price/Vol %Chg/NChg
KSE100 163,869.07
55.96M 		-1.04%
-1727.00
ALLSHR 99,035.00
162.65M 		-0.98%
-982.72
KSE30 48,939.93
19.95M 		-1.06%
-525.00
KMI30 236,550.05
22.64M 		-1.01%
-2402.35
KMIALLSHR 64,641.27
72.13M 		-1.03%
-672.89
BKTi 44,282.97
9.63M 		-1.13%
-506.01
OGTi 34,585.91
1.62M 		-1.48%
-521.18
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,710.00 78,495.00
76,685.00 		-2500.00
-3.16%
BRENT CRUDE 111.10 112.00
109.62 		1.84
1.68%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00 		-7.25
-6.18%
ROTTERDAM COAL MONTHLY 109.00 0.00
0.00 		-0.20
-0.18%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50 		0.00
0.00%
CRUDE OIL - WTI 102.99 104.37
101.57 		1.97
1.95%
SUGAR #11 WORLD 14.78 0.00
0.00 		-0.02
-0.14%
Chart of the Day
Latest News
May 18, 2026 at 11:02 AM GMT+05:00

Pakistan raises housing crisis at WUF13

May 18, 2026 at 10:26 AM GMT+05:00

NBP issues foreign exchange rates

May 18, 2026 at 10:13 AM GMT+05:00

PSX finalizes KMI-30 Index re-composition

May 18, 2026 at 09:51 AM GMT+05:00

Bond markets crack under war inflation fears

May 18, 2026 at 09:48 AM GMT+05:00

SLM Tyres IPO fully subscribed in 5 seconds

Top 5 things to watch in this week
Current Account Balance
Real Effective Exchange Rates Indices
Summary of Foreign Investments in Pakistan
Private Sector Credit
Banking Sector Spreads
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg