Pakistan: Gold Traded at Rs112,800 per tola on Jan 22

File photo, source: Pexels

Summary:

A 24-karat gold single tola was traded at Rs112,800 in Pakistan. 10 grams of gold was traded for Rs96,708. 10 grams of gold was sold for Rs88,649.

Overview:

One gold carat of 24 karats in Pakistan sold for Rs112,800 on Friday, January 22, when the bullion market closed. [KARACHI]

Likewise, 10 grams of 24k gold were sold for Rs96,708 at the close of the trade. Whereas 10 grams of 22k gold traded for Rs Rs88,649, while a tola in 22k gold was traded for Rs 103,949.

The All Sindh Saraf Jewelers Association said Thursday, interest rates in the local market rose Rs400/tola, now reaching Rs113,400/tola.

Read: Pakistan: United States Dollar Sold At Rs161.3 On Jan 22

Jewelers say local market prices remain at Rs1,000/tola lower, compared to prices in the Dubai gold market.

However, the silver exchange rate was 1,566 rupees per tola, and the price of 10 grams of silver was at 1,344.

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