Gold slips by Rs 350 per tola to Rs 108,900

July 14, 2020 (MLN): Contrary to the previous session, today, gold witnessed a decrease in demand as the price of 24 Karat-Gold dropped by Rs 350 to Rs 108,900 per tola in bullion markets. The precious yellow metal of 24-Karat had closed at Rs 109,250 per tola on the last day.

According to the Karachi Sarafa Association, the price of 10-gram gold also witnessed a decrease of Rs 300 to settle at Rs 93,364 against Rs 93,664 on the last trading day.

On the other hand, the silver prices remained flat at Rs 1,060 per tola.  Similarly, 10-gram silver remained stable at Rs 908.78.

In the global market, gold prices inched lower by $15 to clock in at $1,794 per ounce while silver was valued at $18.95 per ounce.

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Posted on: 2020-07-14T17:10:00+05:00