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Gold prices decrease by Rs5,400 per tola

The price of 10 grams of 24 karat gold also decreased by Rs4,630

ISLAMABAD (APP) - The price of 24 karat per tola gold decreased by Rs5,400 and was sold at Rs276,800 on Thursday compared to its sale at Rs282,200 on last trading day.

The price of 10 grams of 24 karat gold also decreased by Rs4,630 to Rs237,311 from Rs241,941 whereas the price of 10 gram 22 karat gold went down to Rs217,535 from Rs221,780, the All Sindh Sarafa Jewellers Association reported.

The price of per tola silver decreased by Rs130 to Rs3,300 whereas that of ten gram silver went down by Rs.111.46 to Rs.2,829.21.

Meanwhile, Pakistani rupee depreciated by five paisa against the US dollar in the interbank trading and closed at Rs277.94 against the previous day’s closing of Rs277.89.

The buying and selling rates of the dollar in the open market stood at Rs277.50 and Rs279 respectively.

The price of Euro decreased by 18 paisa to close at Rs298.91 against the last day’s closing of Rs299.09, according to the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged and closed at Rs1.80, whereas an increase of 82 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs359.31 as compared to the last day’s closing of Rs 358.49.

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