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Gold rate tailspin, reaches to Rs204,500

Metal prices dip ahead of US inflation data release
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February 04, 2023 (MLN): The gold price of 24 karat plunged by 4,000 on Saturday, to clock in at Rs204,500, a similar drop is also witnessed in 10-gram 24kt gold which nosedived by 3,429, reach to Rs175,326 in Pakistan.

Accordingly, 10-gram 22kt gold stood at Rs160,715.

In the international market, the price of yellow metal price tumbled by $46 to $1,865.

The price of per tola 24kt silver in Pakistan decreased by Rs100 to reach Rs2,250- and 10-gram 24kt silver went down by Rs85.74 to Rs1,929.

The international rate of silver was $22.36.

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Posted on: 2023-02-04T20:25:28+05:00