ISLAMABAD: Gold futures went up on Friday after three-day fall but struggled to push significantly higher amid flat global rates. In global markets, spot gold prices inched up as US Treasury yields rose to their highest levels since March. Higher bond yields increase the opportunity cost of holding non-yielding assets like gold. The price of yellow metal in the country witnessed an increase and 10 grams yellow metal was available at at Rs91,200 after a gain of Rs200. The price of 10 grams gold was recorded at Rs91,000 on Thursday last. Meanwhile, gold price in the international spot market went up and it was available at $1,786.40 an ounce at 1605 hours GMT after gaining $10.10 an ounce in its value as compared to its value on Thursday last. TLTP
