Friday, September 20, 2024

Gold rates up by Rs1,200 per tola to Rs246,800

Gold rates up by Rs1,200 per tola to Rs246,800
July 11, 2024 Web Desk

ISLAMABAD (APP) - The price of per tola of 24 karat gold increased by Rs1,200 and was sold at Rs246,800 on Thursday against its sale at Rs245,600 on last trading day.

The price of 10 grams of 24 karat gold also increased by Rs1,029 to Rs211,591 from Rs210,562 whereas that of 10 gram 22 karat gold went up to Rs193,959 from Rs193,016.

The price of per tola and 10 grams silver remained constant at Rs2,900 and Rs2,486.28 respectively. The price of gold in the international market increased by US$10 to US$2,382 from US$2372.

PSX gains 150 points

The 100-index of the Pakistan Stock Exchange (PSX) gained 150.80 points, a positive change of 0.19 percent, closing at 79,992.35 points against 79,841.56 points on the last working day.

A total of 389,024,310 shares were traded during the day as compared to 495,910,236 shares the previous day, whereas the price of shares stood at Rs 20.924 billion against Rs 22.116 billion on the last trading day.

Around 445 companies transacted their shares in the stock market, 181 of them recorded gains and 212 sustained losses, whereas the share price of 52 companies remained unchanged.

Rupee sheds 09 paisa against dollar

The exchange rate of the Pakistan rupee witnessed a devaluation of 09 paisa against the US dollar in the interbank trading and closed at Rs 278.60 against the previous day’s closing of Rs 278.51. 

The buying and selling rates of the dollar in the open market, however, were Rs 279.50 and Rs 281.25 respectively. The price of the Euro increased by 72 paisa to close at Rs 302.01 against the last day’s closing of Rs 301.29, according to the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged and closed at Rs 1.72, whereas an increase of Rs 2.17 was witnessed in the exchange rate of the British Pound, which was traded at Rs 358.57 as compared to the last day’s closing of Rs 356.40.

The exchange rates of the Emirates Dirham and the Saudi Riyal also increased by 03 paisa each to close at Rs 75.85 and Rs 74.28 respectively.