November 18, 2020 (MLN): Gold prices increased on Wednesday on increased demand from gold traders in the domestic bullion market due to the depreciation of PKR against the US dollar. The price of 24 karat gold increased by Rs 450 to Rs 112,800 from Rs 112,350 recorded a day earlier.
According to the data released by the All Sindh Saraf Jewellers Association, the price of 10-gram gold also rose by Rs 386 to Rs 96,708 against the price of Rs Rs 96,322 reported yesterday.
On the other hand, the price of per tola silver and 10-gram silver remained flat at Rs 1,200 and Rs 1,028.80 respectively, the association reported.
In global markets, the price of gold went down by $13 to $1,875 per ounce while silver was pegged at $24.45 an ounce.
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