Friday, January 28, 2022  | 24 Jamadilakhir, 1443
Samaa TV
Facebook Twitter Youtube
HOME > Money

Gold shines in Pakistan as price goes up

It dropped by $9 in the international market

SAMAA | - Posted: Dec 2, 2021 | Last Updated: 2 months ago
Posted: Dec 2, 2021 | Last Updated: 2 months ago

Photo: SAMAA Digital

The price of gold recorded an increase of Rs850 per tola Thursday, taking the rate of the precious metal to Rs123,650 in Pakistan.

However, in the international market, gold started losing ground and recorded a fresh decrease of $9 an ounce. Last week, it recorded a huge drop of $58.

According to the All Sindh Sarrafa and Jewellers Association, 24k-gold is now selling at $1,777 per ounce.

Gold reached a five-month high of $1,874 per ounce on November 16 and a record high of Rs132,000 per tola on October 26 in Pakistan.

In the domestic market, the price of 10 grams of gold increased by Rs729 to Rs106,010.

Silver price

On the other hand, the silver price in Pakistan has not changed since November 22. It is being sold at Rs1,460 per tola and Rs1,251.71 per 10 grams for the past 10 days.

Pakistani rupee plummets against US dollar

The value of the Pakistani rupee plummeted Thursday in the interbank market against the US dollar. The news of the skyrocketing trade deficit tumbled the stock market after which the local currency depreciated by 0.53%.

According to the State Bank of Pakistan, the US dollar jumped to an all-time high of Rs176.42.

Follow SAMAA English on FacebookTwitter, and Instagram.

FaceBook WhatsApp

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp

Gold shines in Pakistan as price goes up, Gold Price In Pakistan, Gold Price Today, Today Gold rates in Pakistan, Gold Rate In Pakistan Today 21k, 24k, 22k, Gold Rate in Pakistan, Gold Rate in Pakistan, Today Gold Price, Pakistan Gold Price, today gold rate in Pakistan per tola, Today Gold Rate In Pakistan 22k Per Tola, Gold Rate In Pakistan 24k Per Tola, Tola Gold Price in Pakistan, Today Gold rates in Pakistan, gold price forecast 2021, 2022, 2023 and 2024, Gold Price Forecast For Tomorrow, Month, 2021 And 2022, Gold Rate in Karachi

Dollar rate: cryptocurrency shock help rupee gains 70 paisas
Hyundai increases Tucson, Sonata, Elantra prices
Senate passes State Bank of Pakistan Amendment Bill
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp