Pakistan

Pakistan: Gold rate fall in domestic market

Pakistan gold rate

Pakistan: The per tola gold rate is again seeing a depreciation in the local market after a little gain a day before.

As per the Chairman of All Pakistan Jewelers Manufacturing Association (APJMA), Muhammad Arshad publicized that the per tola gold price saw a decline of Rs. 100 per tola in domestic market. The new per tola gold price stands at Rs. 112,500, he said.

Similarly, the amount of 10 grams of the valuable metal reduced by Rs. 84 and new 10-gram gold rate is trading at Rs. 96,450.

Read more: Trade deficit shrinks 1.88% from July to October

However, the cost pf the precious metal in the international market rose by $1 per ounce and trades at $1,889.

Sport gold eased 0.1% to $1,886.83 per ounce by 0744 GMT, while United States gold futures were down 0.1% to $1,885.40.

Apart from gold, other precious metal also dropped as Silver fell 0.7% to $24.57 per ounce. Platinum also have fallen 0.7% and trading at $918.76, whereas, palladium eased to 0.4% to $2,333.76.

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