Connect with us

Hi, what are you looking for?

Online Business Success

Gold price in Pakistan remains unchanged


— Reuters/File
— Reuters/File
  • Analysts say moves in gold were likely to remain muted, in part due to thinning liquidity at year-end.
  • International gold price slightly drop by $2 per ounce to $1,797 today.
  • Silver prices in the domestic market remain unchanged at Rs1,460 per tola.

KARACHI: The price of gold in the local market on Monday remained unchanged. The precious metal closed the day at Rs125,300 per tola and Rs107,424 per 10 grams.

The rates last recorded a decrease of Rs550 per tola and Rs472 per 10 grams on Saturday.

Cumulatively, the yellow metal had gained Rs850 per tola in the local market during the week that ended on December 18.

The international gold price slightly dropped by $2 per ounce to $1,797 today, hovering close to a three-week peak scaled in the previous session, as the spread of the Omicron coronavirus variant smothered appetite for riskier assets, lifting bullion’s safe-haven appeal.

Analysts said moves in gold were likely to remain muted, in part due to thinning liquidity into the year-end.

Meanwhile, silver prices in the domestic market remained unchanged at Rs1,460 per tola and Rs1,251.71 per 10 grams.



Source link

Advertisement. Scroll to continue reading.
Click to comment

Leave a Reply

Advertisement

Latest

Online Business Success

— Reuters/File Analysts say moves in gold were likely to remain muted, in part due to thinning liquidity at year-end. International gold price slightly...

Top Stories

This week in crypto regulation was marked by officials expressing contradictory views on how to approach digital assets. Source link

Loan And Finance

Who doesn’t love Bingo? Is there anything more satisfying than dabbing that last space on your board and raising your hand to shout out...

Top Stories

Looking at the Bitcoin chart from a weekly or daily perspective presents a bearish outlook and it’s clear that (BTC) price has been consistently...

Technology

In letter: TF International Securities analyst Ming-Chi Kuo said in a recent note to investors that he believes Apple’s next iPhone will feature a...

Social Media

As we look towards the next generation of digital connection, all news types of connectivity, and utility, are emerging, which will provide more ways...

Top Stories

The cryptocurrency and blockchain industry experienced explosive growth in 2021, particularly in its decentralized finance (DeFi) and nonfungible token (NFT) sectors. The year was...

Online Business Success

— Reuters/File “Current account deficit widened slightly to $1.91bn in Nov as imports outstripped strong exports, robust remittances,” SBP reports. Total exports and remittances...

Advertisement

You May Also Like

SEO Guide

How to index website on Google? Do you want to drive more organic traffic to your new website? I am sure your answer is...

SEO Guide

There are all kinds of pictures of the world on the internet, but to find one of these specific pictures that you want to...

Blogging

In this post, I will discuss the top ten profitable blogging niches ideas for Adsense approval and high traffic. whether you use Blogger or...

SEO Guide

Want to rank in Google image search? Images that you use as a featured images when writing a post actually appear on Google Images...

Advertisement