Sport
And audits for all
字号+ Author: Source:PG Game 2025-01-16 00:26:55 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
-
US deeply concerned by Hezbollah attack on Israel, White House says
2025-01-16 00:00
-
Japan to dispatch military planes for possible Lebanon evacuations
2025-01-15 23:40
-
India doesn’t share Japan’s vision for ‘Asian Nato’: FM
2025-01-15 23:17
-
KP opposition accuses PTI of trying to incite violence through rallies
2025-01-15 22:25
User Reviews
Recommended Reads
Hot Information
- A possible upturn in the auto sector?
- Skills training held for women in Chota Lahor
- Three injured as car, bike fall into sinkhole
- RYK chamber elections declared null and void
- 23 booked
- Biden welcomes UAE leader to White House for talks on Lebanon, Gaza ceasefire
- Pakistan down Asia Cup champions Sri Lanka at Women’s T20 World Cup
- Punjab-wide reshuffle in polio teams ahead of upcoming drive
- Heavy fire along Israel-Lebanon border after deadly Beirut strike
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content