Gold price in domestic market shoot up despite small increase in global bullion price.

MG News | June 12, 2018 at 08:00 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

Gold price in domestic market rose by Rs 600 per tola despite small movement in global price. Per tola price reached Rs 59000, while 10 grams price improved by Rs 515 to Rs 50583.

The global price rose three dollars to 1,298 dollars per ounce.

Main factor behind this surge was the increase in value of dollar. Rupee depreciated by Rs 4.39 to Rs 119.99 resulted in import became costlier.

Related News

Gold price in Pakistan rises Rs3,000 per tola

Gold climbs after fed holds rates, September hike bets fade

Gold price in Pakistan falls Rs1,000 per tola

Name	Price/Vol	%Chg/NChg
KSE100	176,094.12 210.43M	0.31% 546.13
ALLSHR	106,530.89 879.03M	0.30% 313.70
KSE30	52,480.22 54.21M	0.01% 4.71
KMI30	247,198.06 71.10M	0.26% 628.83
KMIALLSHR	68,178.54 320.54M	0.35% 237.08
BKTi	50,319.17 20.32M	-0.21% -103.75
OGTi	34,316.47 3.14M	0.13% 43.33

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,450.00	63,770.00 62,430.00	320.00 0.51%
BRENT CRUDE	91.04	91.36 84.62	4.16 4.79%
RICHARDS BAY COAL MONTHLY	107.75	0.00 0.00	-0.25 -0.23%
ROTTERDAM COAL MONTHLY	121.60	121.65 121.60	0.95 0.79%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	86.80	86.87 81.06	3.21 3.84%
SUGAR #11 WORLD	14.65	14.78 14.38	0.22 1.52%