China's Benchmark Interbank Gold Prices Higher Friday
Fahad Shabbir (@FahadShabbir) Published October 15, 2021 | 05:33 PM
China's benchmark prices for spot interbank gold transactions were higher Friday, according to the China Foreign Exchange Trade System
BEIJING, (UrduPoint / Pakistan Point News - 15th Oct, 2021 ) :China's benchmark prices for spot interbank gold transactions were higher Friday, according to the China Foreign Exchange Trade System.
The benchmark price for gold of 99.95 percent pure or above stood at 372 Yuan (57.8 U.S. Dollars) per gram, up 5.
09 yuan per gram from the previous trading day, and that for gold of 99.99 percent pure or above went up 4.83 yuan to 371.99 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
Selection committee dissolved over Pakistan women cricket team's poor performanc ..
Punjab CM Maryam Nawaz in police uniform at Chung police center
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
FM Dar conveys deepest sympathy on torrential rains devastation in UAE
Spain PM Sanchez says weighing resignation after wife's graft probe
Tennis: ATP/WTA Madrid Open results - 1st update
Long-lost Klimt portrait auctioned off for 30 mn euros
More Stories From Business
-
Gold rates up by Rs500 per tola to Rs242,500
24 minutes ago -
Tokyo stocks end lower after Meta results
34 minutes ago -
EXCHANGE RATES FOR CURRENCY NOTES
2 hours ago -
Foreign exchange rates
2 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
4 hours ago -
Today Gold Rate in Pakistan 25 April 2024
4 hours ago
-
Meta profits soar but costs of AI cause worry
5 hours ago -
Mired in crisis, Boeing reports another loss
13 hours ago -
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
14 hours ago -
British-Pakistani firm unveils $35 million luxury apartments for overseas Pakistanis in Islamabad
14 hours ago -
European stocks lose momentum after global rally
14 hours ago -
New pulses varieties imperative to cater domestic food requirements: Dr Khalid Hasan
15 hours ago