Pakistan
Gold prices down
Karachi: The price of per tola gold in the local gold market on Tuesday declined Rs500/tola to Rs109,350.
In the international market, the gold rate also fell from $13 to $1,796/ounce.
Per the Jewellers Association, a rate of 10 grams of gold fell Rs450 to Rs93,750, in the local market on Tuesday.
However, silver prices remained stable, as one tola silver is being sold at Rs1,460, while the price of 10 grams silver stood at Rs1,251.71 in the local market.Gold prices down
In the international market, silver prices remained at $25.13/ounce.
“This is a temporary fall in gold prices, while gold will go up in [the] days to come. Gold witnessed a fall in the international market, that’s why it impacted [the] local gold prices.”
Local traders said the new wave of COVID kept the buyers, especially women away from the markets, while the trade activities almost came to a standstill due to the strict enforcement of the Standard Operating Procedures.
-
Regional 1 day ago
Amazon is filled with garbage ebooks. Here’s how they get made.
-
Technology 2 days ago
Adobe Premiere Pro is getting generative AI video tools — and hopefully OpenAI’s Sora
-
Pakistan 12 hours ago
Joint session of Parliament: Zardari's address, opposition protests
-
Pakistan 2 days ago
Faizabad Dharna Inquiry Commission gives clean chit to Faiz Hameed
-
Pakistan 2 days ago
Cypher Case: Hearing on appeals against Imran, Shah sentence today
-
Pakistan 2 days ago
Deliberations underway to change Governor Sindh
-
Business 2 days ago
Saudi delegation to meet apex committee of SIFC today
-
Pakistan 1 day ago
President Zardari to address in joint session of Parliament