GOLD PRICES PAKISTAN: The cost of 24-karat gold increased by Rs900 per tola to close the session at Rs218,500. This marks third consecutive rise for the week.

The price of 10-gram 24-karat gold closed today’s session at Rs187,328 posting a increase of Rs771. Meanwhile, 10-gram 22-karat gold stood at Rs171,718 gaining Rs707.

In contrast, the price of silver decreased on the domestic market, closing at Rs 2,650 for 24-karat silver and Rs 2,271.94 for 10-gram 24-karat silver, a decrease of Rs 20 and Rs 17.15, respectively.

XAUUSD

Gold Spot/ U.S. Dollar (XAUUSD) in Tuesday’s session gained (+$13.08) (+0.65%).

GOLD WEEKLY TECHNICAL ANALYSIS

XAUUSD posted an intraday high of $2043.53 and intraday low of $2035.96. Gold is currently trading at $2036.72 (3:41pm Wednesday, 20 December 2023 (GMT+5) Time in Pakistan).

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