Gold prices drop by Rs400 per tola in Pakistan

News Image

MG News | August 11, 2023 at 05:31 PM GMT+05:00

August 11, 2023 (MLN): Domestic bullion fell on Friday, with 24-karat gold reaching Rs222,400 per tola, decreasing by Rs400.

As per the Karachi Sarafa Association, the cost of 10 grams of 24-karat gold was registered at Rs190,672 per tola, witnessing a Rs343 fall per tola.

While 10-gram 22-karat gold stood at Rs174,783 per tola.

Contrarily, the price of silver remained unchanged in the domestic market, with 24-karat silver to close at Rs2,750 per tola.

On the global front, international spot gold is currently trading at $1,916.26 up by 0.21% on the day.

Meanwhile, international spot silver is currently trading at $22.68, almost flat on the day.

The U.S. consumer price index (CPI) for the month of July 2023 came in at 3.2% YoY, slightly higher than 3% YoY in June. However, it was softer than the analysts’ estimates of 3.3%, showing a moderation in the inflationary momentum in the world’s largest economy.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 178,262.34
385.16M
4.23%
7241.13
ALLSHR 107,837.44
1,028.26M
3.85%
4001.05
KSE30 53,347.67
160.21M
4.70%
2395.68
KMI30 251,510.37
142.71M
4.52%
10876.50
KMIALLSHR 69,173.86
484.44M
3.91%
2601.11
BKTi 51,064.73
51.74M
4.91%
2391.50
OGTi 35,248.42
10.48M
4.59%
1546.17
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,445.00 66,075.00
63,875.00
230.00
0.36%
BRENT CRUDE 89.69 93.60
87.55
-7.09
-7.33%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.55
-1.44%
ROTTERDAM COAL MONTHLY 120.00 120.00
120.00
-0.25
-0.21%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 83.24 86.20
82.12
-6.07
-6.80%
SUGAR #11 WORLD 14.60 14.75
14.54
-0.17
-1.15%

Chart of the Day


Latest News
July 27, 2026 at 04:39 PM GMT+05:00

Gold price in Pakistan rises Rs4,000 per tola


July 27, 2026 at 04:33 PM GMT+05:00

PSX Closing Bell: Good Times Roll


July 27, 2026 at 04:32 PM GMT+05:00

PKR holds firm, extends winning run against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg