Gold prices increase Rs700 to Rs112,500 per tola

Last updated on: 05 October,2020 10:22 pm

The price of 10 grams gold also increased by Rs600 and was traded at Rs96,450

ISLAMABAD (Dunya News) – The price of 24 karat gold increased by Rs700 on Monday and was traded at Rs112,500 against its price at Rs 111,800.

Likewise, the price of 10 grams gold also increased by Rs600 and was traded at Rs96,450 against its sale at Rs95,850 Karachi Sarafa Association reported.

The price of per tola and ten gram silver remained stagnant at Rs1200 and Rs1028.80 respectively.

The gold prices in the in international market increased by $6 and was traded at $1906 against $1900, the association reported.

Gems exports increase record 243.18pc

On the other hand, gems exports during first two months of current fiscal year grew by 243.18 per cent as compared to the exports of the corresponding period of last year.

During the period from July-August, gems worth US $ 1,232 thousand were exported as compared to the nil exports of same period of last year.

According the data released by the Pakistan Bureau of Statistics, the exports of Jewelery increased by 60.60 per cent, Jewelery valuing US $ 697 thousand exported as compared to worth US $ 434 thousand of same period of last year.

Meanwhile, Cement worth US $ 44,510 thousand were also exported in current financial year as compared to the exports of valuing US $ 42,149 thousand of same period of last year.

During the period under review, Guar and Guar production exports of the country also recorded positive growth of 0.81 per cent.

Guar and Guar production US $ 5,992 thousand was exported as compared to the exports of US $5,944 thousand of same period of last year.