China virus affects bullion price

china-virus-affects-bullion-price

, February 1

hit the economic sector worldwide and subsequently caused fluctuations in bullion prices in in trading week between January 26 and 31.

According to the , was traded at Rs 75,500 per tola on Sunday and went up by Rs 500 a tola to reach Rs 76,000 per tola on Monday.

The price remained constant on Tuesday. Although on Wednesday, the bullion price declined by Rs 400 a tola to Rs 75,600 per tola, the price of the precious yellow metal went up by Rs 700 a tola on Thursday to be traded at Rs 76,300 per tola in the domestic market. However, on Friday gold price declined by Rs 300 a tola to close the trading week at Rs 76,000 per tola.

Gold price increased by Rs 800 a tola during the review period compared to the closing rate of Rs 75,200 per tola in the previous week.

Meanwhile, silver price declined slightly in review week.

According to FeNeGoSiDA, silver was priced at Rs 895 a tola on Sunday and went up by five rupees per tola on Monday to be traded at Rs 900 per tola.

However, on Tuesday silver wiped out the gain of the previous day as it declined by five rupees a tola to Rs 895 per tola.

On Wednesday, price o


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