Search

Gold prices hit all-time high in Pakistan after Rs2,200 per tola increase

04:19 PM | 17 Apr, 2024
Gold prices hit all-time high in Pakistan after Rs2,200 per tola increase
Source: File Photo

KARACHI – Gold prices in Pakistan surged to record high on Wednesday in line with upward trend in international market.

Data shared by All Pakistan Gems and Jewellers Association showed per tola gold prices increased by Rs2,200 to settle at Rs251,900. Similarly, the price of 10-gram gold went up by Rs1,887 to close at Rs215, 964.

In international market, the price of the precious commodity has reached to $2,391 per ounce.

A day earlier, per tola price of 24-karat gold went up by whooping Rs2,400 to close at Rs249,700. Similarly, the price of 10-gram gold surged by Rs2,057 to settle at Rs214,077.

These movements are closely linked to changes in the value of the US Dollar, indicating the close relationship between currency values and gold prices. This underscores the impact of global economic factors on local gold markets.

Advertisement

Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 22 May 2024

 Pakistani currency rates against US Dollar and other currencies on May 22, 2024 (Wednesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.05 for selling.

Euro moved down to 297 for buying and 300 for selling while British Pound rate is 349 for buying, and 352.5 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 22 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 277.15
Euro EUR 297 300
UK Pound Sterling GBP 349 352.5
U.A.E Dirham AED 75.2 75.95
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.34 748.34
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.91
Danish Krone DKK 40.52 40.92
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 903.3 912.3
Malaysian Ringgit MYR 59.34 59.94
New Zealand Dollar NZD 170.11 172.11
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.13 731.13
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.98 26.28
Swiss Franc CHF 305.97 308.47
Thai Bhat THB 7.67 7.82

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter