PG Game
Rising seas
字号+ Author: Source:Game 2025-01-15 23:56:09 I want to comment(0)
KARACHI: A whooping jump of $35 per ounce in the world rate to $2,612 pushed the local 10-gram and o
KARACHI: A whooping jump of $35 per ounce in the world rate to $2,612 pushed the local 10-gram and one-tola rates to an all-time high of Rs233,196 and Rs272,000 on Friday, showing a jump of Rs3,001 and Rs3,500, respectively. On Jan 1, the 10-gram and one-tola gold rates were Rs188,357 and Rs219,700 based on the international bullion rate of $2,082 per ounce. Consumers are now paying a hefty Rs44,939 per 10-gram and Rs52,300 per tola. At the same time, the global gold rate had swelled by $530 per ounce in the same period despite the rupee-dollar parity did not post any extraordinary fluctuations. All Pakistan Jewellers Manufacturers Association Chairman Mohammad Arshad said that escalating tension in Gaza and a cut in the US Federal Reserve interest rate are putting extra pressure on international gold rates. He said the domestic gold markets lack footfall of buyers who must be feeling the pinch of paying high prices during the ongoing marriage season amid the rising cost of living, while others have been shifted to artificial jewellery.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
UN expert asks Pakistan, Kenya to speed up probe into Arshad Sharif’s killing
2025-01-15 23:38
-
Militants demand share in cannabis income of Tirah drug dealers
2025-01-15 22:24
-
PMDC moves to end MDCAT controversy
2025-01-15 21:45
-
Heart diseases on the rise among working women, seminar told
2025-01-15 21:41
User Reviews
Recommended Reads
Hot Information
- As cities heat up
- Over 100 Lebanese killed in Israeli strikes in a day: ministry
- Gaza rescuers say Israeli strike on school-turned-shelter kills 19
- Bastianini wins Emilia-Romagna MotoGP
- The national emblem is in need of an essential update
- Imran won’t be tried in military court, govt tells IHC
- Man booked for ‘raping’ boy
- NA secretariat list shows 80 PTI MNAs as SIC lawmakers despite SC reserved seats verdict
- Draper ousts second seed Hurkacz at Japan Open
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content