On Wednesday, gold and silver touched new peaks in Pakistan as the rupee rout against the US dollar entered the third day in the interbank market. The price of gold rose by Rs250 per tola and Rs214 per 10 grams to settle at an all-time high of Rs164,150 and Rs140,732, data released by All Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed. Meanwhile, silver prices in the domestic market surged by Rs80 per tola and Rs68.59 per 10 grams to settle at Rs1,860 and Rs1,594.65.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Forex reserves decline by millions

Due to external debt rebates, forex reserves of SBP have declined by…

Iran shows interest to initiate electricity projects in Pakistan

Iran has expressed its interest to initiate more projects on electricity in…

Beijing presses Islamabad to settle $220m dues of Chinese energy firm

China has urged Pakistan to clear $220 million in outstanding payments owed…

Hike in diesel, petrol prices challenged in LHC

A petition was filed in the Lahore High Court (LHC), challenging the…