On Saturday, the price of gold in Pakistan slipped below Rs244,000 per tola as the Pakistani rupee showed signs of recovery against the
Gold rates in Pakistan dropped below Rs 244,000 per tola.The international bullion price reached a record high of $2,431.29 on April 12. US dollar. This prompted investors to divert their attention away from the yellow metal.
Just a few weeks ago, on Saturday, April 20, 2024, the per tola gold price in Pakistan hit an all-time high of Rs 252,200. Over the course of the week ending May 11, 2024, gold gained Rs5,500 per tola. Gold, known as a hedge against inflation, experienced losses in the local market following the release of stronger-than-expected inflation data, which dropped to its lowest level since May 2022. This softened expectations of a rate cut, while a steady monetary policy further dampened investor sentiment.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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