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Gold price falls by whooping Rs6,200 per tola in Pakistan

02:16 PM | 23 May, 2024
Gold price falls by whooping Rs6,200 per tola in Pakistan
Source: File Photo

KARACHI – Gold saw whooping decrease in its prices in domestic market of Pakistan on Thursday in line with dropping international prices.

Data shared by All Pakistan Gems and Jewellers Association showed per tola gold price declined by Rs6,200 to reach Rs242,000.

Similarly, the price of 10-gram gold plunged by Rs5,315 to settle at Rs207,476 in local market.

The precious commodity also suffered losses in the international market as the price plunged by $62 to reach $2,355 per ounce.

This is the third consecutive session that gold registered losses owing to investors’ declining interest in the commodity.

A day earlier, per tola gold price dropped by Rs300 to close at Rs248,200. Similarly, the price of 10-gram was traded at Rs212,791 in local market after it saw a decline of Rs236.

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 19 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 19, 2024 (Wednesday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.50 for buying and 280.65 for selling.

Euro's buying rate stands at 296 and selling rate is 299 while British Pound rate is 349.7 for buying, and 353.25 for selling.

UAE Dirham AED was at 74.80 and Saudi Riyal at 72.80.

Forex Rates 

Currency Symbol Buying Selling
US Dollar USD 277.50 280.65
Euro EUR 296.00 299.00
UK Pound Sterling GBP 349.70 353.25
U.A.E Dirham AED 74.80 75.60
Saudi Riyal SAR 72.80 73.55
Australian Dollar AUD 182.00 184.00
Bahrain Dinar BHD 741.18 749.18
Canadian Dollar CAD 204.00 206.00
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.18 40.58
Hong Kong Dollar HKD 35.66 36.01
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.90 1.98
Kuwaiti Dinar KWD 909.34 909.34
Malaysian Ringgit MYR 59.30 59.90
New Zealand Dollar NZD 170.79 172.79
Norwegians Krone NOK 25.97 26.27
Omani Riyal OMR 723.88 731.88
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203.65 205.65
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 311.90 314.40
Thai Bhat THB 7.58 7.73

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