KARACHI - The price of gold in Pakistan on Wednesday reached all-time high of Rs100,400 per tola as the world economy struggling due to coronavirus pandemic.
All Sindh Saraf Jewellers Association's latest rate list showed a surge of Rs700/tola on Tuesday. Rate of 10-gram gold increased by Rs600 to Rs86,076.
In the international market, bullion price swelled to $1,721/ounce after witnessing $31 surge.
The local market, however, remained closed due to the lockdown imposed in the country to stem the spread of the infection in the country.
The number of coronavirus cases in Pakistan rose to a total of 5,988, according to government data, after recording more than 272 new cases on Wednesday.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 7, 2022 (Tuesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||331.71||332.41|
|Hong Kong Dollar||HKD||35.08||35.43|
|New Zealand Dollar||NZD||174.19||176.19|
KARACHI – The gold price in Pakistan dropped by Rs4,300 per tola to reach Rs200,000 on Tuesday as it lost ground on second consecutive day after witnessing mostly bullish trend last week.
As per the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams of 24 carats gold decreased by Rs3,686 to settle at Rs171,468.
On Monday, the gold price witnessed a drop of Rs200 per tola to close at Rs204,300.
In the international market, the commodity dropped by $1 to reach $1,869 per ounce.
Meanwhile, silver prices in the domestic market slumped by Rs20 per tola and Rs17.14 per 10 grams to reach at Rs2,230 and Rs1,911, respectively.