KARACHI: Gold charges within the native market decreased by Rs550 to Rs86,700 per tola on Friday, ARY Information reported.
Equally, the value of 10 grams of the dear yellow metallic fell by Rs472 to Rs74,331.
In the meantime, gold charges within the international market additionally inched decrease immediately and had been on observe for his or her greatest weekly decline in 2-1/2 years as a stronger greenback weighed, whereas optimism round U.S.-China commerce talks dented bullion’s safe-haven attraction.
Spot gold was down 0.1% at $1,465.97 per ounce at 1101 GMT, poised for its greatest weekly drop – about 3% – since Could 2017. On Thursday, costs fell to their lowest since Oct. 1 at $1,460.75.
U.S. gold futures had been regular at $1,466.90.