Gold rebounds to $1,801 an ounce

MG News | December 01, 2020 at 05:26 PM GMT+05:00

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December 01, 2020 (MLN): Gold rebounded today in global markets as gold price reached $1,801 per ounce, up by $29 while silver was pegged at $23.24 an ounce.

On the domestic front, the price of 24 karat gold, rose by Rs 350 to Rs 109,200 per tola in the bullion market. The price of yellow metal had closed at 108,850 per tola on Monday.

According to the data released by the All Sindh Saraf Jewellers Association, the price of 10-gram gold also increased by Rs 300 to Rs 93,621 against the price of Rs 93,321 reported in the previous session.

Meanwhile, the price of per tola silver and 10-gram silver also witnessed an increase of Rs 20 and Rs 17.15 to clock in at Rs 1,200 and Rs 1,028.80 respectively, the association reported.

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