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.
No one wants to be “Data Center Dave”
- 2 days ago
Xbox is launching a new film and TV division
- 2 days ago
UPDATE: DITKA DEAD AT 86...
- 17 hours ago
Who are the violent Israeli settlers in the West Bank?
- 16 hours ago
What if making your neighborhood safer means breaking the rules?
- 2 days ago
Anthropic bans ‘abusive or cruel behavior’ towards Claude
- 2 days ago
Saudi-led coalition says destroyed more than 100 Houthi targets
- a day ago
Pakistan calls for immediate de-escalation of Ukraine conflict
- a day ago
PM Shehbaz calls for comprehensive strategy to combat diabetes
- a day ago
Is this the cure for Alzheimer’s?
- 2 days ago
Disney Plus will stream Super Bowl LXI
- 18 hours ago
President Zardari and PM Shehbaz 'agree' on imposition of emergency in KP: sources
- a day ago
