Gold price stable locally

KARACHI: Despite a decline of $25 per ounce on the world market, gold price was unchanged locally on Monday, traders said.

Gold was traded for $1907 per ounce, down by $25 on the global market. However, it did not affect the local market, where it was available for Rs 114700 per tola.

The precious metal per 10 grams also remained firm for Rs 98337 domestically.

Silver was selling for Rs 1250 per tola, Rs 1071.67 per 10 grams, down by Rs 42.87 and $24.24 per ounce, traders said.

Copyright Business Recorder, 2020