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Business Recorder
4 days ago
- Business
- Business Recorder
Ogra slashes LPG prices for June
ISLAMABAD: In line with a decline in oil prices globally, the Oil and Gas Regulatory Authority (OGRA) has issued a notification for the reduction in LPG prices for June 2025. The OGRA has reduced the price of a domestic LPG cylinder by Rs55 and a commercial cylinder by Rs210. There has been a reduction of Rs3,921 per metric ton in the government's production price. LPG prices down by Rs6.15 per kg Now, LPG will be available at Rs241 per kg instead of Rs245 per kg, a domestic cylinder will be available at Rs2,838 instead of Rs2,893, and a commercial cylinder will be available at Rs,10,920 instead of Rs11,130. The LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. As compared to previous month, Saudi Aramco-CP has decreased by 2.67 per cent. The average dollar exchange rate has slightly increased by 0.35 per cent resulting to decrease in LPG consumer price by Rs54.60/11.8 kg cylinder (1.88 per cent). The per kg decrease in LPG consumer price is Rs4.62. Copyright Business Recorder, 2025
Express Tribune
28-01-2025
- Business
- Express Tribune
Gold prices dip sharply in both local and international markets
Listen to article Gold and silver prices have seen a notable drop today, with the price of gold per ounce falling by $26 in the international market and the price per Tola of gold decreasing by 2,700 rupees in local markets. In the international bullion market, the price of gold per ounce dropped by $26, bringing it down to $2,741. Meanwhile, in the domestic market, the price of gold per tola decreased by Rs2,700 settling at Rs286,400. Additionally, the price of gold per 10 grams in the local market fell by Rs2,315, reaching Rs245,541. It is worth noting that a similar trend was observed yesterday as well. The international price of gold per ounce had dropped by $3, falling to $2,767. Locally, the price of 24-carat gold per tola decreased by 300 rupees, standing at Rs289,100, while the price of gold per 10 grams also saw a reduction of Rs257, bringing it to Rs227,209. In other related developments, silver prices also experienced a decline. The price of silver per tola fell by Rs14 to Rs3,395, while the price per 10 grams dropped by Rs12, reaching Rs2,910.
