July 02, 2020 (MLN): Contrary to the previous session, today, gold witnessed a decrease in demand as the price of 24 Karat-Gold dropped by Rs 600 to Rs 104,600 per tola in bullion markets. The precious yellow metal of 24-Karat had closed at Rs 105,200 per tola on the last day.

According to the Karachi Sarafa Association, the price of 10-gram gold also witnessed a decrease of Rs 514 to settle at Rs 89,678 against Rs 90,192 on the last trading day.

On the other hand, the silver prices remained flat at Rs 1,050 per tola.  Similarly, 10-gram silver remained stable at Rs 900.20.

In the global market, gold prices inched lower by $8 to clock in at to $1,774 per ounce while silver was valued at $17.96 per ounce.

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