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Friday Jan 08 2021
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Gold rate decreases by Rs700 in Pakistan on Jan 8

A trader displaying gold bars. File photo
  • A single tola of 24-karat gold in Pakistan was being sold for Rs114,600
  • 10 grams of 24k gold was sold for Rs98,251 at the closing of trading
  • 10 grams of 22k gold was traded for Rs90,063 


KARACHI: A single tola of 24-karat gold in Pakistan was being sold for Rs114,600 Friday, January 8, at the closing of the bullion market.

Likewise, 10 grams of 24k gold was sold for Rs98,251 at the closing of trading.

Meanwhile, 10 grams of 22k gold was traded for Rs90,063 with one tola of 22k gold was traded at Rs105,049.

Read more: Gold rate decreases by Rs1,300 in Pakistan on Jan 7

On Thursday, bullion rates in the local market decreased by Rs1,300/tola to close at Rs115,300/tola, according to the data released by the All Sindh Saraf Jewellers Association.

Similarly, 10 grams of the gold price dropped from Rs1,115 to Rs98,851, it added. In the international market too, gold rates decreased from $39 to $1,916/ounce.

Jewellers claimed gold prices in the local market remained Rs3,000/tola lower, compared with the rates in the Dubai gold market. However, silver rates remained unchanged at Rs1,400/tola. The rate of 10 grams of silver also stood the same at Rs1,200.27.