Gold price increases to Rs97,200 per 10gm




Gold price went up on Thursday for the second straight day amid a weaker US dollar. At 1330 hours GMT, gold in the international market was available at $1,800.10 per ounce after gaining $10.50.

The rebound in gold price comes on the heels of a broad retracement in the US dollar from the weekly tops.

Meanwhile, the price of 10 grams of yellow metal in Pakistan increased to Rs97,200 after gaining Rs400. The closing prices of the yellow metal in the country remained Rs96,800 on Wednesday last.

According to experts, the gold price is looking to recover lost ground while finding support near the two-week lows of $1782 earlier on. —TLTP

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