CommoditiesQuick read

Gold dips by Rs3,600

Business Recorder • • 1 min read

Gold dips by Rs3,600

Gold prices in Pakistan moved lower on Saturday, as the rate for 24-karat gold dropped Rs3,600 per tola to Rs465,536, according to the All Pakistan Sarafa Gems and Jewellers Association. Business Recorder reported that the 10-gram price of 24-karat gold came down Rs3,086 to Rs399,122, while the 22-karat version eased Rs2,829 to Rs365,875.

Overseas, the metal shed USD 36 to USD 4,430 an ounce, the association noted. Silver also weakened, with the tola rate slipping Rs63 to Rs7,098 and the 10-gram rate falling Rs54 to Rs6,085. International silver lost USD 0.63 to USD 66.19 per ounce, the association added.

The rates were released on Saturday and cover both local tola and 10-gram units, as well as international ounce prices for the two metals.

At a glance

  • Gold per tola fell Rs3,600 to Rs465,536 for 24-karat gold.
  • International gold dropped USD 36 to USD 4,430 per ounce.
  • Silver per tola eased Rs63 to Rs7,098 in the local market.

Originally reported by Business Recorder

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings