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Your email address will not be published.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

Moody’s downgrades Pakistan’s credit rating to ‘Caa3’

Islamabad: Moody’s downgraded Pakistan’s local and foreign currency issuer and senior unsecured…

Rupee continues recovery against US dollar

The Pakistani rupee proceeded with its recovery against the US dollar on…

Govt fails to achieve economic targets for FY22-23

Despite imposing additional taxes and cutting power subsidies to the industries, Pakistan…