Wednesday July 20, 2022

Gold Price Drops By Rs1,200 Per Tola Despite Depreciation in Rupee

KARACHI: Gold price in Pakistan dropped by Rs1,200 per tola in Pakistan despite rupee depreciation — which hit an all-time low of Rs224.92 against the US dollar on Wednesday.

According to All Sindh Sarafa Jewellers Association (ASSJA), gold prices in the local bullion market dropped by Rs1,200 per tola to reach Rs144,000, while the price of 10 grams of gold decreased by Rs1,028 to reach Rs123,457.

A day earlier, the precious commodity closed at Rs145,200 per tola and Rs124,485 per 10 grams.

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