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Gold Prices Hit All Time High in Pakistan as Investors Move to Safe Heaven

admin-augaf by admin-augaf
August 31, 2023
in Business, Finance, International, National, News
Reading Time: 1 min read
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Gold Price Jump Nearly Rs 2,000 A Tola in Pakistan
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Karachi August 31 2023: The per tola price of 24 karat gold increased by PKR 2,700 and was sold at record high rate of PKR 240,400 as compared to its sale at PKR 237,700 the previous day.

The increase in gold prices is attributale to free fall in Rupee against dollar and increase in interenational gold prices. The previous high was of PKR 240,000 per tola hit on 10th May 2023.

The price of 10 grams of 24 karat gold reached PKR 206,110 whereas the rates of 10 gram 22 karat went up to PKR 188,993, the All Sindh Sarafa Jewellers Association reported.

The price per tola silver is quoted at PKR 2,818 per tola .

The price of gold in the international market increased by USD 1.15 to USD 1,943.39, the reuters reported.

Tags: CommoditiesGoldRupee vs Dollar
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