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Gold price slides down a notch in Pakistan

The price of gold slumped Saturday by Rs2,400 in Pakistan. A tola of 24k-gold is now selling at Rs122,800. It recorded an overall decrease of Rs1,000 compared to the preceding week. According to the rates compiled by All Sindh Sarrafa and Jewelers Association, in the international market, the price of the precious metal fell by $26 per ounce, taking the gold to $1,787. Over the week, the price of gold remained uncertain in the global market and dropped by $84 per ounce. It touched a five-month h...
Saudi Arabia Sindh Sarrafa Adnan Sami Sheikh Jewelers Association All Sindh Sarrafa Sami Sheikh
Source: samaa.tv

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Pakistan rupee plunges against US dollar

The value of the US dollar, once again, is on the verge of hitting an all-time high against Pakistani rupee. It rose Friday by 94 paisas in the interbank market. According to the data shared by the State Bank of Pakistan, the local currency depreciated by 0.27% and the trading session closed at Rs175.46. A day earlier, the central bank reported that the foreign exchange reserves fell 4.1% to their lowest level since June 25, 2021. On the other hand, in the open market, the dollar was traded at a...
Saudi Arabia Fawad Chaudhry Adnan Sami Sheikh Zafar Paracha Exchange Companies Association State Bank
Source: samaa.tv

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