Gold prices surge to $1,792 an ounce on week US yields

News Image

MG News | November 05, 2021 at 05:29 PM GMT+05:00

0:00

November 5, 2021 (MLN): The gold price in the international markets surged by $13 to $1,792 per ounce due to renewed weakness in US Treasury yields. Meanwhile, the investors’ focus has now shifted towards the much-awaited US Nonfarm Payrolls data.

While on the domestic front, the demand for the yellow metal remained firmed today as the price of 24-karat gold clocked in at Rs120,200 per tola.

According to data provided by Karachi Sarafa and Jewellers Association, the price of 10-gram of 24k gold and 10gm 22k gold remained stagnant at Rs103,052 and Rs94,464 respectively.

Similarly, the price of 24-karat silver and 10-gram of 24-karat silver remained unchanged at Rs1,420 and Rs1,217.42 respectively.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 162,994.17
366.14M
-1.71%
-2829.70
ALLSHR 97,525.91
833.18M
-1.65%
-1634.99
KSE30 49,090.22
171.05M
-2.02%
-1011.73
KMI30 234,097.76
141.71M
-1.92%
-4583.61
KMIALLSHR 63,284.58
381.76M
-1.79%
-1151.00
BKTi 45,458.10
90.77M
-1.53%
-707.82
OGTi 33,162.89
14.24M
-2.82%
-962.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,675.00 77,030.00
75,655.00
900.00
1.19%
BRENT CRUDE 110.19 114.70
107.07
-0.25
-0.23%
RICHARDS BAY COAL MONTHLY 113.00 113.00
113.00
-1.30
-1.14%
ROTTERDAM COAL MONTHLY 109.50 112.00
108.20
-0.95
-0.86%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 104.92 110.93
103.50
-1.96
-1.83%
SUGAR #11 WORLD 14.66 14.85
14.49
-0.11
-0.74%

Chart of the Day


Latest News
April 30, 2026 at 08:31 PM GMT+05:00

FFC announces financial results of First Quarter 2026


April 30, 2026 at 06:46 PM GMT+05:00

SBP reserves rise $730m to $15.8bn


April 30, 2026 at 06:14 PM GMT+05:00

Pakistan inflation to hover near 9% in April 2026


April 30, 2026 at 05:02 PM GMT+05:00

ENGROH towers ambition anchors multi-year growth story



Top 5 things to watch in this week

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