Gold prices register big drop in Pakistan

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KARACHI: Gold value on Monday registered a lower of Rs550 per tola within the home market, ARY Information reported.

Based on all Pakistan Jewellers Producers Affiliation (APJMA), per tola gold value within the native market dropped by Rs550 per tola to settle at Rs130,400.

The worth of 10 grams of gold additionally decreased by Rs461 to Rs111,796.

Within the worldwide market, bullion costs dropped by $28 per ounce to settle at $1,957.

Learn extra: US greenback reaches all-time excessive in opposition to Pakistan rupee

In the meantime, the United States Greenback (USD) has reached an all-time excessive within the nation in opposition to the Pakistani rupee after it rose by Rs0.47 within the interbank.

On the primary day of the week, the US greenback shot to Rs178.98 from Rs178.51, after witnessing an increase of Rs0.49. The greenback at one time through the day within the interbank touched the Rs179 mark.

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