Gold prices decrease by Rs500 per tola
Business
The price of 10 grams of 24 karat gold also decreased by Rs429 to Rs242,798
ISLAMABAD (APP) - The price of 24 karat per tola gold decreased by Rs500 and was sold at Rs283,200 on Tuesday compared to its sale at Rs283,700 on last trading day.
The price of 10 grams of 24 karat gold also decreased by Rs429 to Rs242,798 from Rs243,227 whereas the price of 10 gram 22 karat gold went down to Rs222,565 from Rs222,958, the All Sindh Sarafa Jewellers Association reported.
The price of per tola and ten gram silver remained unchanged at Rs3,430 and Rs2,940.67, respectively.
The price of gold in the international market decreased by $5 to $2,736, the Association reported.
Meanwhile, Pakistani rupee on Tuesday depreciated by five paisa against the US dollar in the interbank trading and closed at Rs277.83 against the previous day’s closing of Rs277.78.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs277.35 and Rs278.90 respectively.
The price of Euro decreased by 11 paisa to close at Rs302.52 against the last day’s closing of Rs302.63, according to the State Bank of Pakistan (SBP).
The Japanese yen remained unchanged and closed at Rs1.82, whereas an increase of 20 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs360.50 as compared to the last day’s closing of Rs 360.30.
The exchange rate of the Emirates Dirham increased by 02 paisa to close at Rs75.64 and the Saudi Riyal remained stagnant and closed at Rs73.96.
