Gold prices bounce back after last week’s drop
MG News | May 06, 2024 at 03:12 PM GMT+05:00
May 06, 2024 (MLN): Gold prices in Pakistan rebounded on Monday, with the price of 24-karat gold gaining Rs2,500 per tola to Rs240,500.
Last week, 24-karat gold dropped by Rs6,400 per tola, taking the cumulative loss over the past two weeks to Rs14,200 per tola or 5.63%.
The Karachi Sarafa Association further reported the price of 24-karat gold at Rs206,190 per 10-gram, up Rs2,143 DoD.
Similarly, the price of 22-karat gold was quoted lower at Rs189,007 per 10-gram.
Meanwhile, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs2,620 per tola and Rs2,254.8 per 10-gram.
On the global front, international spot gold is traded near $2,322 an ounce, up by 0.88% compared to the last close.
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