Gold Friday soared to 95,500 per tola, up by Rs 1,300 in a single day trade on the local market, traders said. The yellow metal was traded for Rs81,876 per 10 grams, up by Rs 1,115 and $1,686 an ounce, up by $42 on the world market. Silver is selling for Rs 1,000 per tola, Rs857.33 per 10 grams and $1,760 an ounce, they added.
Pakistan imported 4 percent or $351,000 of more gold to $10.068 million during July-January 2019-20 from $9.717 million during July-January 2018-19, Pakistan Bureau of Statistics says. Import volume of the metal is down by 3.23 percent or 8 kilograms to 240 kilograms in July-January 2019-20 from 248 kilograms in July-January 2018-19.
Down by 7.13 percent or $69, 000, the country imported $899,000 of gold comparing to the yellow metal immport of $968,000 in January 2019 Gold import quantity also dipped to 18 kilograms in January 2020 from 25 kilograms in January 2019, showing a fall of 28 percent or 7 kilograms.
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