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CPI Preview: Inflation to fall to around 17% YoY in April

Price of gold drops by Rs 150 to RS 90,450 per 12 gram

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February 11, 2020 (MLN): Contrary to the last trading session, Gold price, today, dropped by Rs 150 to Rs 90,450 per 12 gram in the market. The valuable yellow metal had closed at Rs 91,600 per 12 gram on previous trading day.

According to the Karachi Sarafa Association, gold price per 10 gram was recorded at Rs 77546, lost by Rs 129 from Rs 77,675 per 10 in the previous trade.

Whereas, the silver prices remained flat and closed at Rs 1000 per 12 gram. Similarly, 10-gram silver remained stable at Rs 857.33.

In the international market, gold was trading lower by only $2 to $1570 per ounce, while silver was valued at $17.72 per ounce.

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Posted on: 2020-02-11T17:08:00+05:00

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