ISLAMABAD: The per tola price of 24 karat gold witnessed a decrease of Rs.300 on Friday and was sold at Rs.218,600 against its sale at Rs.218,900 the last trading day.
The price of 10 grams of 24 karat also decreased by Rs.257 to Rs.187,414 from Rs 187,671 whereas that of and 10 gram 22 Karat gold went down to Rs.171,796 from Rs 172,032.
The price of per tola silver and ten-gram silver remained unchanged at Rs.2,600 and Rs 2,229.08 respectively.
The price of gold in the international market witnessed no change and was traded at $2,050, the Association reported.
Related: IMF board to meet on Jan 11 for Pakistan loan program approval
Earlier today, the Pakistan Stock Exchange (PSX) market touched new heights as the benchmark index continued its bullish trend on the last day of the business week, and surpassed the 66,000 barrier.
It’s been three weeks since the benchmark KSE-100 index maintained its bullish run, while the market giants indicated the trend is due to the successful conclusion of a staff-level deal with the International Monetary Fund (IMF).
In a separate development, Bloomberg reported that the executive board of the International Monetary Fund (IMF) will meet on January 11 to consider the final approval to disburse the next $700 million tranche from its current loan programme with Pakistan.
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