Bullion prices dropped by $28 per ounce to settle at $1,957 in international market
Karachi: Gold price decreased by Rs550 per tola in the domestic market on Monday.
According to all Pakistan Jewellers Manufacturers Association (APJMA), per tola gold price in the local market dropped by Rs550 per tola to settle at Rs130,400. The price of 10 grams of gold also decreased by Rs461 to Rs111,796.
In the international market, bullion prices dropped by $28 per ounce to settle at $1,957.
Earlier, gold prices in Pakistan gained by Rs700 per tola to settle at Rs130,700. The price of the precious metal rose by Rs600 per 10 grams to settle at Rs112,054 per 10 grams, respectively.
In the international market, gold powered past the key $2,000 level as the Russia-Ukraine crisis fuelled worries of a supply squeeze of the metal.
Gold rates in Pakistan are around Rs7,500 below the cost compared to the rate in the Dubai market.
Meanwhile, silver prices in the domestic market remained unchanged at Rs1,480 per tola and Rs1,268.86 per 10 grams.
Trump is trying to overturn an election that hasn’t happened yet
- 19 گھنٹے قبل
Sure, let’s smoosh SpaceX and Tesla together, who cares
- 12 گھنٹے قبل
Delta can turn the iPhone Duo into your favorite folding handheld
- 12 گھنٹے قبل
Should you let a chatbot manage your money?
- 19 گھنٹے قبل
PHP: The three little letters wreaking havoc across the web
- 12 گھنٹے قبل
Agha back but no Rizwan for Pakistan following England debacle
- ایک دن قبل
Samsung’s latest 55-inch Frame TV is down to its lowest price yet
- 12 گھنٹے قبل
Apple will label apps that are ‘Made for iPhone Duo’
- 12 گھنٹے قبل
Jack Dorsey’s Block made an AI model that talks to you like an awkward new friend
- 12 گھنٹے قبل
OpenAI now trains its frontier AI models with no internet access
- 12 گھنٹے قبل
Microsoft shuts down its beloved maker space
- 12 گھنٹے قبل
Trump says Sundar Pichai talked him out of renaming the Atlantic Ocean
- 12 گھنٹے قبل
