February 18, 2020 (MLN): Gold witnessed an increase in demand as the price of 12-gram gold went up by Rs 350 to close at Rs 91,150 in the local market. The valuable yellow metal had closed at Rs 90,800 per 12 gram on previous trading day.

According to the Karachi Sarafa Association, gold price per 10 gram clocked in at Rs 78,146, up by Rs 300 from Rs 77,846 per 10 in the previous trade.

On the other hand, 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 global market, gold prices edged higher by only $6 to $1,587 per ounce, while silver was valued at $17.90 per ounce.

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