Gold prices hit $2,000/ounce for the first time

News Image

MG News | August 04, 2020 at 10:30 PM GMT+05:00

0:00

Aug 04, 2020: Gold prices hit $2,000 an ounce for the first time Tuesday, the latest surge in a commodity seen as a refuge amid economic uncertainty.

The precious metal hit the symbolically important benchmark near 1615 GMT before retreating somewhat. Gold prices have risen more than 30 percent this year as the coronavirus outbreak has weakened the economy and clouded the outlook.

AFP/APP

Related News

Name Price/Vol %Chg/NChg
KSE100 158,673.73
210.14M
-0.57%
-904.46
ALLSHR 96,468.12
744.59M
-0.48%
-463.58
KSE30 47,997.93
77.42M
-0.77%
-370.99
KMI30 226,916.76
51.77M
-0.72%
-1638.91
KMIALLSHR 62,771.10
263.28M
-0.66%
-419.98
BKTi 44,203.53
26.43M
-0.73%
-323.94
OGTi 30,499.18
3.81M
-0.94%
-289.96
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 103,370.00 104,590.00
103,090.00
-870.00
-0.83%
BRENT CRUDE 64.13 64.24
63.37
0.61
0.96%
RICHARDS BAY COAL MONTHLY 87.15 0.00
0.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 96.50 96.50
96.50
-0.70
-0.72%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 60.30 60.41
59.46
0.70
1.17%
SUGAR #11 WORLD 14.15 14.21
14.04
0.04
0.28%

Chart of the Day


Latest News
November 06, 2025 at 02:10 PM GMT+05:00

Pakistan strengthens debt oversight for sustainable growth


November 06, 2025 at 02:04 PM GMT+05:00

AGTL wins major legal victory, Rs40m penalty overturned


November 06, 2025 at 01:52 PM GMT+05:00

Gold price in Pakistan rises Rs3,700 per tola


November 06, 2025 at 01:06 PM GMT+05:00

Pakistan sets sail on $100bn Maritime vision



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg