Latest news with #Rs302
Express Tribune
07-07-2025
- Business
- Express Tribune
Gold prices fall in international and local markets
Gold prices dropped significantly on Monday in both international and domestic markets, with per tola rates in Pakistan falling by thousands of rupees. In the international bullion market, the price of gold declined by $25 per ounce, bringing the new global rate to $3,310 per ounce. The global dip directly impacted local rates in Pakistan, where the price of 24-karat gold fell by Rs2,500 per tola, bringing the new price to Rs353,000 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of 24-karat gold dropped by Rs2,143, setting the new rate at Rs302,640. Gold prices slipped to a near-one-week low on Monday due to an uptick in the US dollar, with investors awaiting details on the trade front ahead of US President Donald Trump's tariff negotiation deadline. Spot gold was down 0.8% at $3,309.21 per ounce by 1023 GMT. US gold futures shed 0.7% to $3,318.70. "We are seeing a slight pullback due to short-term positive dollar and maybe that's just since the economic data coming from the U.S. is still pretty strong, taking away the immediate need to cut rates," said WisdomTree commodities strategist Nitesh Shah.
Business Recorder
11-06-2025
- Business
- Business Recorder
Gold price per tola gain Rs600 in Pakistan
Gold prices in Pakistan increased on Wednesday in line with their surge in the international market. In the local market, gold price per tola reached Rs352,900 after it gained Rs600 during the day. Similarly, 10-gram gold was sold at Rs302,554 after it gained Rs514, according to the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Tuesday, gold price per tola reached Rs352,300 after a decline of Rs6,100 during the day. The international rate of gold also surged on Wednesday. The rate was at $3,345 per ounce (with a premium of $20), an increase of $6, as per APGJSA. Meanwhile, silver price per tola remained stable at Rs3,745.
Business Recorder
11-06-2025
- Business
- Business Recorder
Gold prices tumble
KARACHI: Gold prices tumbled on Tuesday, as global market downtrend has dragged down bullion value under $3,350 per ounce, traders said. Following a big drop, the total value of local gold scaled down to Rs352,300 per tola and Rs302,040 per 10 grams, according to All Pakistan Sarafa Gems and Jewelers Association. Domestic and global silver markets held steady at Rs3,745 per tola, Rs3,210 per 10 grams and $36 per ounce, the association added. Copyright Business Recorder, 2025
Business Recorder
10-06-2025
- Business
- Business Recorder
Gold price per tola fall Rs6,100 in Pakistan
Gold prices in Pakistan decreased on Tuesday in line with their fall in the international market. In the local market, gold price per tola reached Rs352,300 after a decline of Rs6,100 during the day. Similarly, 10-gram gold was sold at Rs302,040 after it fell Rs5,230, according to the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On June 5, gold price per tola reached Rs358,400 after a surge of Rs4,300 during the day. The bullion market was closed on from June 6 till June 9 due to Eid-ul-Adha holidays. The international rate of gold also decreased on Tuesday. The rate was at $3,339 per ounce (with a premium of $20), a decrease of $61, as per APGJSA. Meanwhile, silver price per tola remained stable at Rs3,745.
Business Recorder
03-06-2025
- Business
- Business Recorder
Gold prices increase
KARACHI: Gold prices rebounded with mammoth gains on Monday, mirroring global surge, mounting close to $3,350 per ounce, traders said. Galloping to $3,347 per ounce, world bullion market posted a $59 increase in a single trading session, giving rise to local gold prices by Rs5,900 per tola and Rs5,058 per 10 grams. Subsequently, gold prices settled for Rs353,100 per tola and Rs302,726 per 10 grams, according to All Pakistan Sarafa Gems and Jewelers Association. Copyright Business Recorder, 2025
