Gold gets a boost after two-day slip
A tola of 24-karat gold goes up to Rs205,600 after a Rs1,000 gain
![<p>When financial investors are not buying, the physical market is important in setting a floor price for gold, analysts say [File: Yan Cong/Bloomberg]</p>](https://i.samaaenglish.tv/primary/2023/03/28165120ab00219.jpg)
When financial investors are not buying, the physical market is important in setting a floor price for gold, analysts say [File: Yan Cong/Bloomberg]
Following a two-day slide, the price of gold started rising on Tuesday, and got a boost of Rs1,000 per tola.
According to the Sarafa and Jewelers Association, the new price of a tola of 24-karat gold went up to Rs205,600.
Similarly, the price of 10 grams of pure gold increased by Rs8,57 to Rs176,268.
In the international market, the price of gold per ounce decreased by $7 to $1,957.
The price of silver per tola remained Rs2,250, while 10 grams of 24-karat silver remained was stable at Rs1,929. The international price of silver was at Rs23.14.
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