Gold prices decrease by Rs7,000 to Rs270,500 per tola
Business
The price of 10 grams of 24 karat gold also came down by Rs6,000
ISLAMABAD ( APP) - The price of 24 karat per tola gold decreased by Rs7,000 and was sold at Rs270,500 on Tuesday against its sale at Rs277,500, All Sindh Sarafa Jewellers Association reported.
The price of 10 grams of 24 karat gold also came down by Rs6,000 to Rs231,911 from Rs237,911 whereas that of 10 gram 22 karat gold decreased to Rs212,584 from Rs218,085.
The price of per tola silver also decreased by Rs50 to Rs3250 and ten gram silver by Rs42.86 to Rs2,786.
The price of gold in the international market declined by $77 to $2,593 from $2,670, the Association reported.
Meanwhile, Pakistani rupee depreciated by six paisa against the US dollar in the interbank trading and closed at Rs277.92 against the previous day’s closing of Rs277.86.
The buying and selling rates of the dollar in the open market stood at Rs277.40 and Rs278.90 respectively.
The price of Euro decreased by Rs1.57 to close at Rs 295.44 against the last day’s closing of Rs 297.01, according to the State Bank of Pakistan (SBP).
The Japanese yen remained unchanged and closed at Rs1.80, whereas a decline of Rs2.26 was witnessed in the exchange rate of the British Pound, which traded at Rs356.00 as compared to the last day’s closing of Rs358.26.
The exchange rate of the Emirates Dirham and the Saudi Riyal went up by 02 and 01 paisa to close at Rs75.66 and Rs73.98, respectively.
