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Gold faces first loss in 4 days after hitting record high in Pakistan

03:24 PM | 18 Apr, 2024
Gold faces first loss in 4 days after hitting record high in Pakistan
Source: File Photo

KARACHI - Gold witnessed the first loss in four days of the running business week after it touched record high-level in Pakistan.

Data shared by All Pakistan Gems and Jewellers Association showed per tola gold price dipped by Rs1,700 to settle at Rs250,200 in domestic market on Thursday.

The price of 10-gram gold dropped by Rs1,458 to close at Rs214,506 in Pakistan.

The precious commodity also saw downward trend in international market as per ounce price decreased by $17 to $2,395.

A day earlier, gold prices in Pakistan surged to record high on Wednesday in line with upward trend in international market.

The 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.

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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

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