Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Gold Prices in Pakistan Surge Amid Rupee’s Depreciation
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
"Gold Prices Pakistan Rupee Depreciation"
PhotoNews Pakistan > Business > Gold Prices in Pakistan Surge Amid Rupee’s Depreciation
Business

Gold Prices in Pakistan Surge Amid Rupee’s Depreciation

Web Desk
By Web Desk Published August 22, 2023 2 Min Read
Share
SHARE

Starting the week on a bullish trend, gold prices in Pakistan witnessed an uptick, influenced by the weakening of the rupee against the dollar and increased global rates.

The latest figures from the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) reveal a rise of Rs3,100 per tola and Rs2,658 per 10 grams in 24-carat gold prices, positioning them at Rs229,900 and Rs197,102, respectively.

Concurrently, in the global arena, the value of gold experienced a slight gain of $2, settling at $1,891 per ounce.

Discussing this trend, AA Commodities Director Adnan Agar informed that the continual ascent in local gold prices is primarily due to the rupee’s underperformance against the dollar. “Even though international prices dipped below the 1900 benchmark, they have seen a revival today,” Agar pointed out.

Emphasizing future projections, Agar mentioned that if both the rupee’s descent and a decrease in global prices persist, it’s unlikely to affect local bullion prices, which might stabilize. Conversely, if international prices surge combined with a further weakened rupee, local gold prices might experience an even steeper increase.

In recent trading history, gold prices have climbed by Rs8,100 per tola in six sessions domestically. Meanwhile, the silver market remained steady, with prices holding at Rs2,800 per tola and Rs2,400.54 for 10 grams.

TAGGED:FeaturedGold PricesPak­istan
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Katy Perry Justin Trudeau dinner Montreal

Katy Perry and Justin Trudeau Share Dinner at Montreal’s Le Violon

Charley Hull outdrives Collin Morikawa

Charley Hull Outdrives Collin Morikawa in Playful TaylorMade Golf Challenge

Keir Starmer recognise Palestine Keir Starmer 2025

UK PM Announces to Recognise Palestinian State in September

Post Archives

More Popular from Photonews

Babusar Top floods missing family
Khyber Pakhtunkhwa

Missing Tourist Family At Babusar Top Flash Floods

2 Min Read
German Consulate Karachi closure
Sindh

German Consulate Karachi Suspends Services for Non-EU Citizens

2 Min Read
Sydney Sweeney American Eagle campaign
Entertainment

Sydney Sweeney Stars in American Eagle’s Boldest Fall Campaign

3 Min Read
Offbeat

Death Stranding Photo Mode Bypasses UK Age Verification Systems

A surprising discovery has revealed that Death Stranding's photo mode can circumvent the UK's new age…

July 29, 2025
Entertainment

Ozzy Osbourne’s Praise for Taylor Swift Resurfaces After His Death

Following the passing of rock legend Ozzy Osbourne at the age of 76 on July 22,…

July 29, 2025
Business

Pakistan Gold Prices Surge Amid Global Dip

On July 23, 2025, gold prices in Pakistan surged despite a global downturn triggered by eased…

July 24, 2025
Sports

Brock Lesnar on WWE Ban List After Janel Grant Lawsuit

Brock Lesnar, a former WWE and UFC champion, has remained absent from WWE programming since August…

July 29, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?