Gold price increases in Pakistan

KARACHI: Gold prices reached an all-time high of Rs93,400/tola in Pakistan on Tuesday amid US-Iran tensions.

KARACHI: The price of 24 karat gold increased by Rs. 350 and was traded at Rs. 116,000 on Monday against its sale at Rs. 115,650.

According to the Karachi Sarafa Association, the price of 10 grams of gold also increased by Rs. 300 and was sold at Rs. 99,451 as compared to its sale at Rs. 99,151,. The price of per tola and ten-gram silver remained constant at Rs. 1260 and Rs. 1080.24 respectively.

The gold prices in the international market increased by $12 and were traded at $1912 against Rs. 1900, the association reported.

Rupee increase to Rs162.37 against dollar

The exchange rate of the Pakistani rupee strengthened by 12 paisas against the US dollar in the interbank trading on Monday and closed at Rs. 162.37 against the previous day’s closing of Rs. 162.49.

According to the Forex Association of Pakistan, the buying and selling rates of dollars in the open market were recorded at Rs. 162 and Rs. 162.9 respectively.

In interbank trading, the price of the euro appreciated by 22 paisas and closed at Rs. 190.46 against the last day’s trading of Rs. 190.24, State Bank of Pakistan reported.



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