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Friday, December 01, 2023  
16 Jumada Al-Awwal 1445  

Gold price eases by Rs1,400/tola in Pakistan

Per tola gold price reaches Rs215,100
The picture shows gold bars and coins. — AFP/File
The picture shows gold bars and coins. — AFP/File

Gold price eased in the domestic market of Pakistan on Saturday in line with a decline in international gold prices.

The price of gold recorded a decline of Rs1,400 to reach Rs215,100 per tola in the local market.

In the international market, gold bullion recorded a decline of $5 to hit $2,001 per ounce on Saturday.

A day earlier, gold prices rose in Pakistan after a massive spike in international market prices.

The price of gold rose by Rs2,200 to reach Rs216,500 per tola after gold prices increased by $20 to reach $2,006 per ounce in the international market.

Read: Significant increase in inflation as SPI up by 9.95% in Pakistan: PBS

Meanwhile, the rupee gained 88 paisas on Friday against the dollar which was trading at Rs286.5 at the closing of the interbank foreign exchange market, as against the closing of Rs287.38 on November 16.

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