Gold rates gain by $8 an ounce on inflation fears

News Image

By MG News | October 13, 2021 at 05:32 PM GMT+05:00

0:00

October 13, 2021 (MLN): Gold rates on Wednesday witnessed an increase of $8 to reach $1,771 per ounce due to the rising inflation fears that drove some investors' interest towards safe-haven metal while silver was valued at $22.84 an ounce.

On the domestic front, the gold prices also saw an upsurge today, marking an uptick of Rs700 as the 24-karat gold traded at Rs116,700 per tola.

Similarly, the price of 10-gram of 24k gold increased by Rs600 and was traded at Rs100,051 while the 10gm 22k gold was valued at Rs91,714, Karachi Sarafa and Jewellers Association reported.

On the contrary, the price of 24-karat silver remained stagnant at Rs1,400. Likewise, the price of 10-gram silver stayed flat at Rs1,200.27.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 129,391.90
202.76M
0.93%
1192.48
ALLSHR 80,518.76
573.90M
0.92%
731.14
KSE30 39,592.40
78.83M
1.25%
487.40
KMI30 188,541.92
70.20M
0.87%
1626.31
KMIALLSHR 54,530.73
264.03M
0.61%
328.85
BKTi 34,301.75
35.54M
2.46%
825.07
OGTi 28,194.45
7.85M
0.83%
231.87
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,500.00 107,515.00
105,440.00
1750.00
1.65%
BRENT CRUDE 67.03 67.29
66.98
-0.08
-0.12%
RICHARDS BAY COAL MONTHLY 97.50 97.50
97.50
0.70
0.72%
ROTTERDAM COAL MONTHLY 103.80 0.00
0.00
-3.70
-3.44%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.34 65.65
65.26
-0.11
-0.17%
SUGAR #11 WORLD 15.70 16.21
15.55
-0.50
-3.09%

Chart of the Day


Latest News
July 02, 2025 at 12:16 PM GMT+05:00

Pakistan's OMC sales rise 2% MoM in June 2025, up 8% YoY


July 02, 2025 at 12:08 PM GMT+05:00

Pakistan’s short-term FX liabilities reach $31bn


July 02, 2025 at 11:51 AM GMT+05:00

Saudi Riyal available at PKR 76.4 in open market


July 02, 2025 at 11:23 AM GMT+05:00

Lucky Motor revises ex-factory prices for Kia


July 02, 2025 at 11:00 AM GMT+05:00

PSX in June: La Vie En Rose



Top 5 things to watch in this week

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