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Gold price dips by Rs1,100 per tola in Pakistan

02:47 PM | 13 Apr, 2024
Gold price dips by Rs1,100 per tola in Pakistan
Source: File Photo

KARACHI – Gold prices saw a downward trend in domestic market of Pakistan in line with decreasing international prices on Saturday.

Data shared by All Pakistan Gems and Jewellers Association showed per tola gold price dropped by Rs1,100 to settle at Rs246,500.

Similarly, the price of 10-gram gold plunged by Rs943 to close at Rs211,334 in local market.

The precious commodity witnessed a decline in international market where its price dropped by $11 to close at $2,364 per ounce. 

The development comes after gold hit record high in the South Asian country before the start of the Eidul Fitr holidays. 

On April 9, gold price surged by Rs1,900 to close at historic high level of Rs247,600. 

Meanwhile, the silver prices remained unchanged at Rs2,650 per tola and Rs2,271.94 per 10-gram in Pakistan. 

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 May 2024

Pakistani currency rates against US Dollar and other currencies on May 28, 2024 (Tuesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.25 for selling.

Euro stands at 298 for buying and 301 for selling while British Pound rate is 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal increased to 73.45.

Source: Forex Association of Pakistan. (last update 08:00 AM)

Currency Symbol Buying Selling
US Dollar USD 277.4 280.25
Euro EUR 298 301
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.25 75.9
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.03 748.03
Canadian Dollar CAD 203 205
China Yuan CNY 38.42 38.82
Danish Krone DKK 40.44 40.84
Hong Kong Dollar HKD 35.62 35.97
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.07 913.07
Malaysian Ringgit MYR 59.05 59.65
New Zealand Dollar NZD 170.03 172.03
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.64 731.64
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 26.02 26.32
Swiss Franc CHF 304.75 307.25
Thai Bhat THB 7.6 7.75

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