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Home Business & Stock

Gold price sees minor increase in Pakistan

MM News Staff by MM News Staff
February 22, 2024
Gold prices dip in Pakistan

KARACHI: Gold prices on Thursday witnesses a slight increase in Pakistan in line with a rise in the international rate. The yellow metal was priced at Rs215,300 per tola after gaining Rs100 during the day.

The 10-gram gold was sold at Rs184,585 after an increase of Rs85, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Wednesday, gold prices in Pakistan had increased by Rs750 per tola.

With a premium of $20, the international rate of gold on Thursday was set at $2,051 per ounce, after an increase of $3 in the international market, APGJSA said.

Meanwhile, silver rates remained stable at Rs2,570 per tola.

Moreover, the Pakistani rupee marginally increased against the US dollar, appreciating 0.06% in the inter-bank market on Thursday.

At close, the local unit settled at 279.33, a gain of Re0.17 against the greenback, as per the State Bank of Pakistan (SBP).

On Wednesday, the rupee regained strength to settle at 279.5 against the US dollar, according to the SBP.

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