Tag: gold
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Government eyes people’s gold to boost forex reserves
ISLAMABAD: The government is considering a proposal to borrow gold biscuits and bars from the people to increase foreign exchange reserves that remain on a sliding path despite taking over $5 billion loans in the past three months from bilateral and multilateral creditors. The proposal has been discussed in the Economic Executive Council (ECC), the…
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Inflation: Gold prices hike up by PKR 750
Gold costs acquired in the local market on Friday as inflation stresses supported interest for the place of refuge metal, even as the rupee held close to notable lows on rising wagers of a higher-than-anticipated current record shortfall. Per tola gold rose Rs750 to Rs125,850 while per 10 grams gold acquired Rs643 to Rs107,896. Nearby…
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Gold price rises by PKR 350 per tola in Pakistan
Gold acquired for the third continuous meeting on Friday, supported by worries in regards to dubious financial conditions which have by and by started a departure from dangerous wares towards more secure ones. Bullion costs in the local market acquired Rs 350 per tola and Rs 300 per 10 grams today to arrive at Rs124,000…
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Gold prices drop up to Rs. 400 per tolah in Pakistan
Pakistan: After the recent increase in the price of gold in the country, today the price per tola has come down by Rs 400. According to the details, the Sarafa Bazar Jewelers Association state, “After this reduction, the value of gold per tola in the country is Rs. 112,000.” Gold prices increase Rs400 to Rs110,750…
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Gold prices increase Rs400 to Rs110,750
ISLAMABAD, Feb 22 (APP):The price of 24 karat per tola gold increased by Rs400 on Monday and was sold at Rs110,750 against sale at Rs110,350, Karachi Sarafa Association reported. The price of ten gram 24 karat gold also increased by Rs343 and was traded at Rs94,950 against Rs94,607 while that of ten gram 22 karat…
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A passenger carrying pure gold worth millions of rupees
KARACHI, Feb 08 (APP):The Pakistan Customs on Monday claimed to have apprehended a passenger carrying pure gold worth millions of rupees. According to a news release, the Customs Airport Collectorate staff deputed at arrival hall during checking of a Pakistani passenger recovered 500 grams of 22 carats pure gold worth Rs 4.822 million. The arrested was carrying the gold…
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Gold prices decrease by Rs200 per tola to Rs111,800
ISLAMABAD, Feb 06 (APP):The price of 24 karat per tola gold decreased by Rs200 on Saturday and was sold at 111,800 against its sale at Rs112,000 the previous day, Karachi Sarafa Association reported. The price of ten gram 24 karat gold also decreased by Rs558 and was traded at Rs95,850 against its sale at Rs96,022…
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Price of Gold Has Increased in Pakistan
ISLAMABAD, Dec 17 (APP): The price of 24 karat gold increased by Rs 550 on Thursday and was traded at Rs 112,300 against its sale at Rs 111,750. The prices of 10 grams gold also witnessed an increase of Rs 472 and were traded at Rs 96,280 against its sale at Rs 95,808 while 10…
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Gold Rate in Pakistan
KARACHI, November 22 (online): Gold is considered as the best investment for future. Pakistani ladies love Gold jewellery and Gold is considered as good as cash. The Gold Rate in Pakistan always fluctuated according to the international Gold rates. Mostly gold has been imported in Pakistan from Gulf countries, the Gold price rely on the…
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Pandemic panners: Indonesians hunt for gold in desperate times
Timika, Indonesia, Sept 23 (AFP/APP): With the coronavirus devastating jobs across the country, desperate Indonesians are flocking to illegal gold mines as the soaring price of the precious metal overrides the risk to their lives and the environment. Spooked by the economic destruction wrought by the pandemic, consumers and investors around the world have been…