Price of yellow metal reaches Rs396,800 per tola after a decline of Rs2,000
Karachi: Gold prices in Pakistan plunged on Thursday in line with their loss in the international market. The price of yellow metal reached Rs396,800 per tola after a decline of Rs2,000 during the day.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs340,192 after it lost Rs1,714.
On Wednesday, gold price per tola was unchanged at Rs398,800.
The international rate of gold also saw a decrease today. The rate was at $3,750 per ounce (with a premium of $20), a loss of $20, as per APGJSA.
Furthermore, international gold prices held steady on Thursday as investors awaited key US economic data for further insights into Federal Reserve policy, with a slightly weaker dollar lending some support to bullion. Spot gold was steady at $3,734.04 per ounce, as of 0202 GMT.
US gold futures for December delivery were unchanged at $3,765.20.
The US dollar index fell 0.1%, making greenback-priced bullion less expensive for overseas buyers.
Samsung’s Galaxy Buds 3 Pro are almost half off today
- 11 hours ago
Pakistan, Congo sign MoU to boost defence cooperation
- 19 hours ago
Apple squashes EU beef with new App Store rules
- 11 hours ago
How the Supreme Court remade religious liberty in the Christian right’s image
- 9 hours ago
Amazon’s drones will soon deliver to nearly 500 US cities and towns
- 11 hours ago
The surprising way that America’s $40 trillion debt costs you
- 9 hours ago
Cuba has plenty of doctors. So why is its healthcare system collapsing?
- 9 hours ago
Why nonalcoholic wine is so expensive
- 9 hours ago
Indian airlines suffer around $2bn loss as Pakistan continues airspace closure
- 2 hours ago
The future of medicine is video games
- 19 minutes ago
The women’s soccer league trying to fix fantasy sports
- 11 hours ago
Trump’s latest assault on public lands
- 9 hours ago
