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Home Business & Stock

Gold rates drop in Pakistan

MM News Staff by MM News Staff
January 31, 2024
Reading Time: 1 min read
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ISLAMABAD: The per tola price of 24 karat gold in Pakistan decreased by Rs 600 and was sold at Rs 215,500 on Wednesday compared to its sale at Rs. 216,100 on the last trading day.

The price of 10 grams of 24 karat gold also decreased by Rs .515 to Rs.184,756 from Rs 185,271 whereas the price of 10 gram 22 karat gold went down to Rs 169,360 from Rs.169,832, the All Sindh Sarafa Jewellers Association reported.
The price of per tola and ten-gram Silver remained stagnant at Rs 2,600 and 2,229.08 respectively.

On the other hand, the Pakistani rupee demonstrated appreciation against the United States dollar in the interbank market on Wednesday, marking a positive shift of 29 paisas. Throughout intra-day trading, the dollar was traded at Rs279.25 in the interbank market, showcasing a consistent upward trend for the rupee since Monday.

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As of the closing time on Tuesday, the dollar was valued at Rs297.55, reflecting a marginal decrease of 0.03% from the preceding day, as reported by the State Bank of Pakistan.

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