Karachi May 12 2023: According to All Sindh Sarafa Jewelers Association (Pakistan), the price of gold per tola decline for the second consecutive day on Friday from historic high rates as political situation improves.
After this decrease of PKR 1,700 per tola, the price of gold per tola in the country has reached 2 lakh 33 thousand 400. Pakistan Rupee gains PKR 13.85 or 4.85 percent to end trading at 285.08 in interbank against the greenback.
To recall, gold prices hit all-time high of PKR 2 lac 38 thousand on Wednesday while during the week the price of Gold increased by PKR 8,400 per tola.
The price of 24 karat 10 grams of gold trading at PKR 2 lakh 110 rupees, whereas that of 10 gram 22 karat went up to PKR 183,433, All Sindh Sarafa Jewellers Association reported.
Moreover, in international market spot gold was down 0.3% at $2,009.92 per ounce by 1818 GMT.