Gold prices up by Rs120 to Rs112,300 per tola

September 13, 2021 (MLN): Gold prices edged higher by just $2 on Monday to reach $1789 in an international market amid strong dollar, while investors were cautious ahead of US Consumer price readings, which would be released on Tuesday.

The price index would be crucial to the US central bank’s decision on when to begin tapering asset purchases this year.

On the domestic front, the gold witnessed an increase of Rs150 to settle at Rs112,300 per tola for 24-karat, Karachi Sarafa Association reported.

Similarly, the price of 10-gram 24 karat gold inched higher by Rs130 to stand at Rs96,280 while 10-gm 22 karat gold traded at Rs88,256.

However, the price of per tola and 10-gram silver remained stable at Rs1,430 and Rs1,226 respectively.

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Posted on: 2021-09-13T17:04:11+05:00