Gold prices in Pakistan continue to drop


Gold prices continued to slide downward in Pakistan for the sixth successive session on Saturday. Gold price per tola hit Rs238,000 after a single-day fall of Rs1,600.

The 10-gram gold was sold at Rs204,047 after a decrease of Rs1,257, according to the rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold in Pakistan had lost Rs1,400 per tola.

On the other hand, the international rate of gold increased on Saturday. As per APGJSA, the rate was set at $2,301 per ounce (with a premium of $20) after a gain of $4 during the day.

Meanwhile, silver rates stood stable at Rs2,620 per tola.

In six sessions, gold price per tola has declined by Rs7,000 in Pakistan.

Last month, gold hit an all-time high of Rs252,200 per tola in the local market.

 

Source link

Related Posts

Tories seek UK probe into rape gangs as Musk spat with Starmer escalates

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Conservatives have called for a national inquiry into child…

Read more

Tesla’s annual deliveries drop for first time since 2011

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla’s annual vehicle deliveries declined for the first time in…

Read more

Brompton profits almost wiped out after lower UK and Europe sales

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brompton’s profits were almost wiped out after a challenging year…

Read more

Can France become a global AI powerhouse?

Stay informed with free updates Simply sign up to the European companies myFT Digest — delivered directly to your inbox. Contrasting with the morose mood in much of France nowadays,…

Read more

Farage and why Badenoch does not have time to ‘watch this space’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Watch this space. This was the essence of Kemi Badenoch’s…

Read more

China’s electric-vehicle leader BYD posts record sales in 2024

Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. China’s best-selling car manufacturer BYD sold a record number of…

Read more

Leave a Reply