Gold price in Pakistan sees big drop


The per tola worth of 24 karat gold decreased by Rs.1,200 and was offered at Rs.214,800 on Monday in comparison with its sale at Rs. 216,000 on final buying and selling day.

The worth of 10 grams of 24 karat gold additionally decreased by Rs.1,029 to Rs.184,156 from Rs185,185 whereas the costs of 10 gram 22 karat gold went all the way down to Rs.168,810 from Rs. 169,753, the All Sindh Sarafa Jewellers Affiliation reported.

The worth of per tola and ten gram Silver remained stagnant at Rs.2,600 and a pair of,229.08 respectively.

The worth of gold within the worldwide market decreased by $11 to $2,048 from $.2,059, the Affiliation reported.

The weekly inflation measured by the Delicate Value Indicator (SPI), witnessed a lower of 0.28 per cent for the mixed consumption teams in the course of the week ended on February 1.

In line with the PBS information, the SPI for the week underneath evaluate within the above-mentioned group was recorded at 317.65 factors in Pakistan as in comparison with 318.55 factors in the course of the previous week.

As in comparison with the corresponding week of final 12 months, the SPI for the mixed consumption group within the week underneath evaluate witnessed a rise of 39.45 per cent.

The weekly SPI with the bottom 12 months 2015-16 =100 covers 17 city centres and 51 important objects for all expenditure teams.

The SPI for the bottom consumption group as much as Rs. 17,732, decreased by 0.85 p.c and went all the way down to 310.42 factors from final week’s 313.09 factors.


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