Gold slides by Rs3,550 per tola in domestic bullion

MG News | October 28, 2021 at 07:00 PM GMT+05:00

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October 28, 2021 (MLN): The demand for gold continued to decline in the domestic bullion market today as the price of 24-karat gold plunged by Rs3,550 to close at Rs120,650 per tola.

According to data provided by Karachi Sarafa and Jewellers Association, the price of 10-gram of 24k gold also tumbled by Rs3,043 and was traded at Rs103,438 while the 10gm 22k gold was valued at Rs94,818.

Similarly, the price of 24-karat silver and 10-gram of 24-karat silver also dropped by Rs20 and Rs17.15 to stand at Rs1,460 and Rs1,268.86, respectively.

In the international market, the demand for gold dented $13 to $1,802 an ounce on a firm dollar. while the silver was traded at $24.11 per ounce.

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