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Gold reaches new heights, up by Rs4,200 per tola

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October 26, 2021 (MLN): Gold continued its gaining momentum in the domestic bullion market as the price of 24-karat gold soared by Rs4,200 to close at Rs132,000 per tola on Tuesday.

According to data provided by Karachi Sarafa and Jewellers Association, the price of 10-gram of 24k gold also jumped by Rs3,600 and was traded at Rs113,168 while the 10gm 22k gold was valued at Rs103,738.

Similarly, the price of 24-karat silver and 10-gram of 24-karat silver also increased by Rs50 and Rs42.87 to stand at Rs1,520 and Rs1,303.15, respectively.

In the international market, the demand for gold remained relatively stable, up by only $2 to $1,804 an ounce on a firm dollar while silver was traded at $24.40 per ounce.

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Posted on: 2021-10-26T17:18:53+05:00

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