Gold rates soar by Rs2,300 to Rs119,000 per tola

News Image

MG News | October 14, 2021 at 05:38 PM GMT+05:00

October 14, 2021 (MLN): Gold rates in domestic bullion market continued to rally as the price of 24-karat gold increased by a whopping Rs2,300 to close at Rs119,000 per tola on Thursday.

According to data provided by Karachi Sarafa and Jewellers Association, the price of 10-gram of 24k gold also inflated by Rs1,972 and was traded at Rs102,023 while the 10gm 22k gold was valued at Rs93,521.

Similarly, the price of 24-karat silver and 10-gram of 24-karat silver also inched up by Rs24 and Rs1,226 to stand at Rs1,430 and Rs25.73 respectively.

In the international market, the demand for gold surged by $29 to $1,800 an ounce owing to a weaker dollar. Since gold is measured in dollars, a weaker dollar means a higher price for the yellow metal.

Meanwhile, silver was traded at $23.36 an ounce compared to $22.84 an ounce the day before.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 168,929.94
48.32M
-0.91%
-1549.00
ALLSHR 101,916.95
237.91M
-0.94%
-968.58
KSE30 50,386.91
19.55M
-0.96%
-490.70
KMI30 241,588.56
17.67M
-0.96%
-2329.30
KMIALLSHR 66,095.11
108.11M
-0.97%
-648.25
BKTi 45,915.35
5.81M
-0.87%
-402.12
OGTi 34,826.50
2.15M
-1.11%
-392.13
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 62,830.00 64,325.00
59,600.00
2315.00
3.83%
BRENT CRUDE 97.16 97.47
95.00
4.07
4.37%
RICHARDS BAY COAL MONTHLY 122.00 0.00
0.00
-0.40
-0.33%
ROTTERDAM COAL MONTHLY 134.35 0.00
0.00
0.35
0.26%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 94.32 94.80
92.20
3.78
4.18%
SUGAR #11 WORLD 14.12 0.00
0.00
-0.02
-0.14%

Chart of the Day


Latest News
June 08, 2026 at 10:45 AM GMT+05:00

Fitch cuts global growth forecast to 2.4%


June 08, 2026 at 10:24 AM GMT+05:00

Gold slips on fed rate hike bets


June 08, 2026 at 09:57 AM GMT+05:00

Middle East escalation lifts oil prices


June 08, 2026 at 09:42 AM GMT+05:00

ITANZ Technologies approves over Rs4bn investment



Top 5 things to watch in this week

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