BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
Markets

Gold price per tola falls Rs2,000 in Pakistan

Published April 30, 2024 Updated April 30, 2024 04:27pm

Gold prices extended their decline in Pakistan for the third straight session on Tuesday, in line with the ease in the international rate. In the local market, gold price per tola reached Rs241,900 after a single-day fall of Rs2,000.

The 10-gram gold was sold at Rs207,390 after a decrease of Rs1,715, according to the rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold in Pakistan had lost Rs500 per tola.

The international rate of gold decreased on Tuesday. As per APGJSA, the rate was set at $2,316 per ounce (with a premium of $20) after a loss of $19 during the day.

Meanwhile, silver rates shed Rs20 to settle at Rs2,630 per tola.

In three sessions, gold price per tola has eased by Rs3,100 in Pakistan.

Earlier this month, gold hit an all-time high of Rs252,200 per tola in the local market.

Comments

Comments are closed for this article.

Dr Idrees Masood Apr 30, 2024 08:40pm
We need to revive the gold standard subject to removal of all it's weaknesses and shortcomings experienced during WWI, WWII and afterwards till it was fully abandoned in 1971, through research.
0
Nayer ABBAS May 01, 2024 12:49am
Yes
0