China's Benchmark Interbank Gold Price Lower Thursday
Sumaira FH Published May 19, 2022 | 05:26 PM
China's benchmark prices for spot interbank gold transactions were lower Thursday, according to the China Foreign Exchange Trade System
BEIJING, (UrduPoint / Pakistan Point News - 19th May, 2022 ) :China's benchmark prices for spot interbank gold transactions were lower Thursday, according to the China Foreign Exchange Trade System.
The benchmark price for gold of 99.95 percent pure or above stood at 393.77 Yuan (about 58.3 U.S. Dollars) per gram, down 4.
16 yuan from the previous trading day, and that for gold of 99.99 percent pure or above went down 2.4 yuan to 394.78 yuan per gram.
Spot transaction prices on the interbank price inquiry market are allowed to rise or fall within 15 percent from the benchmark prices each trading day.
The interbank gold price inquiry business was introduced in 2012 to enhance market liquidity and enrich trading models.
Recent Stories
PTI to stage nationwide protests against alleged electoral frauds
Senate continues discussion on Presidential address to Joint Sitting of Parliame ..
Masood Khan calls for Pak-US cooperation for regional peace
Interior Minister starts Margalla Trail Patrol for security
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
Today Gold Rate in Pakistan 26 April 2024
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
More Stories From Business
-
Kitchen items’ prices ease as weekly inflation falls by 1.1%
34 minutes ago -
Shipping Activity at Port Qasim
2 hours ago -
Machinery equipment assembling grew by 70.98% in 08 months
3 hours ago -
Gold rates up by Rs.2,500 per tola to Rs245,000
3 hours ago -
Miner Anglo American rejects BHP's $38.8 billion takeover bid
4 hours ago -
Exchange rates for currency notes
6 hours ago
-
Foreign exchange rates
6 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
7 hours ago -
Today Gold Rate in Pakistan 26 April 2024
7 hours ago -
Chinese minister felicitates Ahsan Iqbal on reappointment as Planning minister
16 hours ago -
Pak-US officials engage to enhance trade, investment ties
17 hours ago -
Stocks fall as tech shares sink, US economy slows
17 hours ago