Gold costs soar to Rs 87,200 per tola

KARACHI: The gold costs on Wednesday decreased by Rs100 per tola and at the moment buying and selling at Rs87200, ARY Information reported.

The value of 10-gram gold additionally decreased by Rs86 and traded at Rs74,759.

The value of silver remained steady and was traded at Rs1050 per tola whereas 10-gram silver additionally remained unchanged and was traded at Rs 900.

Learn Extra: Gold rises as threat sentiment sours on commerce, Brexit uncertainty

Within the worldwide market, the value of per ounce gold decreased by $three and was traded at $ 1502 as in comparison with the final closing at $1505.

The yellow metallic stays robust within the international markets as traders await selections on the US-China commerce negotiations which might be scheduled to be held on Thursday and Friday.

The relations between the 2 largest economies on the earth stay fragile after the US imposed visa restrictions, on Tuesday.

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