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Gold prices witnessed a massive reduction in Pakistan on Saturday.
As per the details issued by All Sindh Sarafa Jewellers Association, The price of 24 karat per tola gold witnessed a drop of Rs. 2,000 to Rs. 26,1500 while the price of 24 karat 10gram gold witnessed a drop of 1714 to 2,24194.
Similarly, the price of silver per tola decreased by Rs50 to Rs2,850 and the price of 10 grams of silver also decreased by 42.87 rupees to Rs2443.41.
On the other hand, the price of per ounce gold decreased by 21 dollars to 2,497 dollars in the international bullion market.
Meanwhile, Pakistani rupee on Friday appreciated by 11 paisa against the US dollar in the interbank trading and closed at Rs 278.56 against the previous day’s closing of Rs 278.67.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.75 and Rs 280.25 respectively.
The price of Euro increased by 63 paisa to close at Rs 309.58 against the last day’s closing of Rs 308.95, according to the State Bank of Pakistan (SBP).
The Japanese yen remained unchanged and closed at Rs1.94, whereas an increase of 81 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs367.19 as compared to the last day’s closing of Rs366.38.
The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 03 paisa each to close at Rs75.84 and Rs74.20 respectively.
