Gold Suddenly Gains Over Rs. 11,000 in One Day
Gold rates in Pakistan reversed losses on Thursday after a similar trend observed in international gold rates.
Gold rates in Pakistan reversed losses on Thursday after a similar trend observed in international gold rates.
Article outline
- What happened
- The key numbers
- The details
- The bottom line
Key points
- In the international market, gold gained $112 to settle at $4, 427 per ounce, including a $20 premium.
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- The cost of 24-karat gold closed at Rs.
- The cost of 10 gram gold lifted to Rs.
Meanwhile, the cost of 24-karat gold closed at Rs. 465, 236 per tola after gaining Rs. 11, 200, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
For context, the cost of 10 gram gold lifted to Rs. 398, 864 after gaining Rs. 9, 602. Pakistan Trade Deficit Worsens After 2 Months.
Gold lost Rs. 11, 300 on Wednesday to close at Rs. 454, 036.
Meanwhile, silver rates climbed to Rs. 7, 044 per tola after gaining Rs. 185 on Thursday. Stay Connected with ProPakistani.
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Taken together, the developments around gold Suddenly Gains Over Rs. 11, 000 in One Day point to a situation that is still moving, and the coming days should bring more clarity.
