Gold Likely to Enter Dangerous Levels Again
Gold rates in Pakistan suddenly fell on Saturday after a similar trend observed in international gold rates.
Gold rates in Pakistan suddenly fell on Saturday after a similar trend observed in international gold rates.
Article outline
- What happened
- The details
- A closer look
- The bottom line
Key points
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- In the international market, gold lost $1 to settle at $4, 377 per ounce, including a $20 premium.
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- The cost of 24-karat gold closed at Rs.
Gold rates in Pakistan suddenly fell on Saturday after a similar trend observed in international gold rates. Nevertheless, trends for next week suggest it could test the Rs. 4.7 lac territory again.
Meanwhile, the cost of 24-karat gold closed at Rs. 460, 236 per tola after losing Rs. 100, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Meanwhile, the cost of 10 gram gold settled at Rs. 394, 578 after losing Rs. 85. Govt Ends Forced Sales of Expensive Electricity.
Gold gained Rs. 6, 900 on Friday to close at Rs. 460, 336.
Meanwhile, silver settled at Rs. 7, 100 per tola after losing Rs. 69 on Saturday. Stay Connected with ProPakistani.
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Taken together, the developments around gold Likely to Enter Dangerous Levels Again point to a situation that is still moving, and the coming days should bring more clarity.
