Gold prices register decline in Pakistan

02:53 PM | 5 Feb, 2024
Gold prices register decline in Pakistan
Source: File Photo

KARACHI – Gold prices decreased on Monday in domestic market of Pakistan in line with downward global trend.

Data shared by All Pakistan Gems and Jewellers Association showed per tola gold price dropped by Rs1,200 to settle at Rs214,800 per tola.

Similarly, the price of 10-gram declined by Rs1,029 to settle at Rs184,156.

In international market, the price of the precious metal plunged by $11 to close at $2,048 per ounce.

Meanwhile, silver prices in Pakistan remained unchanged as Rs2,660 per tola and Rs2,229.08 per 10 grams. 

Last week, gold closed at Rs216,000 after it was declined by Rs1,700 on Saturday. The price of per 10-gram gold dropped by Rs1,458 to close at Rs185,185 in Pakistan.

On the other hand, the precious metal had also seen decline in international market with per ounce price decreasing by $15 to $2,039 per ounce.


Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 20 Feb 2024

Pakistani currency remained largely stable against US dollar and other currencies in the open market on February 20, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.05 for buying and 282.1 for selling.

On Tuesday, Euro stands at 301 for buying and 304 for selling while British Pound rate stands at 352.4 for buying, and 355.4 for selling.

UAE Dirham AED hovers at 76.55 whereas the Saudi Riyal saw slight increase, with new rates at 74.2.

Today’s currency exchange rates in Pakistan - 20 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.05 282.1
Euro EUR 301 304
UK Pound Sterling GBP 352.4 355.4
U.A.E Dirham AED 76.55 77.25
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 180 182
Bahrain Dinar BHD 743.12 751.12
Canadian Dollar CAD 206.5 208.5
China Yuan CNY 38.84 39.24
Danish Krone DKK 40.24 40.64
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.48 3.59
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 906.33 915.33
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 170.1 172.1
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.75 733.75
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 207
Swedish Korona SEK 26.85 27.15
Swiss Franc CHF 315.64 318.14
Thai Bhat THB 7.93 8.08


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