Gold slips further in Pakistan

By MG News | November 11, 2024 at 03:25 PM GMT+05:00

0:00

November 11, 2024 (MLN): Gold extended its downward slide on Monday, with 24-karat gold being sold at Rs277,500 per tola, down Rs1,300.

Last week, the yellow metal slumped Rs4,200 per tola amid a strengthened US dollar, which makes the safe haven asset relatively expensive for holders of other currencies.

On the global front, spot gold traded near $2,672 an ounce, down $13.2 or 0.49% from the previous session.

The Karachi Sarafa Association reported the price of 24-karat gold at Rs237,911 per 10-gram, down Rs1,115.

Similarly, the price of 22-karat gold was quoted lower at Rs218,085 per 10-gram.

On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,300 per tola and Rs2,829 per 10-gram.

PKR (24-karat per tola)	Nov 11, 2024	Nov 09, 2024	DoD	1 Month	FYTD	CYTD
Gold	277,500	278,800	-1,300	2,000	35,800	57,500
Silver	3,300	3,300	0	250	450	620

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	130,344.03 345.79M	1.67% 2144.61
ALLSHR	81,023.99 1,021.87M	1.55% 1236.37
KSE30	39,908.26 141.62M	2.05% 803.27
KMI30	189,535.00 150.29M	1.40% 2619.39
KMIALLSHR	54,783.66 508.76M	1.07% 581.78
BKTi	34,940.73 55.86M	4.37% 1464.05
OGTi	28,296.06 16.02M	1.19% 333.47

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,385.00	108,530.00 105,440.00	2635.00 2.49%
BRENT CRUDE	67.41	68.10 66.94	0.30 0.45%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	109.20	110.00 108.25	1.70 1.58%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.64	66.43 65.23	0.19 0.29%
SUGAR #11 WORLD	15.50	15.97 15.45	-0.20 -1.27%