Gold prices per tola in Pakistan witnessed a massive decrease in prices. The 24-Karat Gold decreased by Pakistani Rupee (Rs4,200) per tola to Rs Rs219,400 per tola. The price of 10-gram 24-karat gold closed today’s session at Rs188,100 posting a loss of Rs3,601. Meanwhile, 10-gram 22-karat gold stood at Rs172,425, down by Rs3,301.
Gold Spot/ U.S. Dollar (XAUUSD) in Monday’s session lost (-$42.56) (-2.05%).
Gold Spot/ U.S. Dollar (XAUUSD) continues to trade lower for the day. XAUUSD posted an intraday high of $2041.29 and intraday low of $2021.62. Gold is currently trading at $2025.46 (7:14pm Tuesday, 05 December 2023 (GMT+5) Time in Pakistan).
XAUUSD is currently trading above EMA21 on a Daily Time Frame and may retest it.