AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.20 Increased By ▲ 0.16 (0.13%)
BOP 6.63 Decreased By ▼ -0.04 (-0.6%)
CNERGY 4.52 Increased By ▲ 0.01 (0.22%)
DCL 8.56 Increased By ▲ 0.01 (0.12%)
DFML 41.72 Increased By ▲ 0.28 (0.68%)
DGKC 87.40 Increased By ▲ 0.55 (0.63%)
FCCL 32.60 Increased By ▲ 0.32 (0.99%)
FFBL 64.87 Increased By ▲ 0.07 (0.11%)
FFL 10.22 Decreased By ▼ -0.03 (-0.29%)
HUBC 109.68 Increased By ▲ 0.11 (0.1%)
HUMNL 14.74 Increased By ▲ 0.06 (0.41%)
KEL 5.12 Increased By ▲ 0.07 (1.39%)
KOSM 7.55 Increased By ▲ 0.09 (1.21%)
MLCF 41.55 Increased By ▲ 0.17 (0.41%)
NBP 59.60 Decreased By ▼ -0.81 (-1.34%)
OGDC 192.75 Increased By ▲ 2.65 (1.39%)
PAEL 28.16 Increased By ▲ 0.33 (1.19%)
PIBTL 7.82 Decreased By ▼ -0.01 (-0.13%)
PPL 151.10 Increased By ▲ 1.04 (0.69%)
PRL 27.10 Increased By ▲ 0.22 (0.82%)
PTC 15.98 Decreased By ▼ -0.09 (-0.56%)
SEARL 86.02 Increased By ▲ 0.02 (0.02%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.55 Increased By ▲ 0.14 (0.4%)
TPLP 8.17 Increased By ▲ 0.05 (0.62%)
TREET 16.60 Increased By ▲ 0.19 (1.16%)
TRG 53.25 Decreased By ▼ -0.04 (-0.08%)
UNITY 26.30 Increased By ▲ 0.14 (0.54%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
BR100 9,989 Increased By 105.1 (1.06%)
BR30 31,165 Increased By 565.3 (1.85%)
KSE100 94,195 Increased By 839.9 (0.9%)
KSE30 29,187 Increased By 255.6 (0.88%)

Gold price on Thursday further surged up to Rs 16,285 per 10 grams due to increase in its international price, which reached 825 dollars per ounce, traders said. With the latest price increase the gold was now being sold in the local market at Rs 16,285 per 10 grams as against the earlier price of Rs 16,028 per 10 grams, up by Rs 257.
As a result, gold per tola price went up to Rs 19,000 from Rs 18,850. In the world market, gold price mounted to 825 dollars per ounce from 813 dollars per ounce with an increase of 12 dollars.
Traders said that increasing oil price in the world market due to the fresh Turkish military attacks on Kurds in Iraq was behind this recent escalation in gold price. They said that they would not resume trading activities on Friday due to a assassination of the former prime minister and Chairperson of Pakistan Peoples Party (PPP) Benazir Bhutto in Rawalpindi on Thursday.

Copyright Business Recorder, 2007

Comments

Comments are closed.