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GOLD PRICES PAKISTAN: UP IN TWO CONSECUTIVE SESSIONS

GLOBAL TRADING MARKETS ARE SEEING LOW PRICES FOR OIL, WHICH AS OF THIS WRITING HAD DROPPED TO $73.04 FOR WTI AND $77.98 FOR BRENT.
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GLOBAL TRADING MARKETS ARE SEEING LOW PRICES FOR OIL, WHICH AS OF THIS WRITING HAD DROPPED TO $73.04 FOR WTI AND $77.98 FOR BRENT.

GOLD PRICES PAKISTAN: The cost of 24-karat gold increased by Rs400 per tola to close the session at Rs217,600. This marks second consecutive rise for the week.

The price of 10-gram 24-karat gold closed today’s session at Rs186,557 posting a increase of Rs343. Meanwhile, 10-gram 22-karat gold stood at Rs171,011 gaining Rs315.

The domestic market saw no change in the price of silver; 24-karat and 10-gram 24-karat silver closed at Rs 2,670 and Rs 2,289.09, respectively.

XAUUSD

Gold Spot/ U.S. Dollar (XAUUSD) in Monday’s session gained (+$7.52) (+0.37%).

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GOLD WEEKLY TECHNICAL ANALYSIS

XAUUSD posted an intraday high of $2029.36 and intraday low of $2021.76. Gold is currently trading at $2026.61 (4:21pm Tuesday, 19 December 2023 (GMT+5) Time in Pakistan).

ALI

ALI

Experienced Senior Research Analyst

SIKANDER RAZA

SIKANDER RAZA

Sikander Raza, a Senior Technical Analyst

HAMZA SALEEM

HAMZA SALEEM

Hamza Saleem, a Senior Business Analyst

IRSA

IRSA

Irsa Sajjad, as a Research Analyst for Equities

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