The All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) finally released the gold prices on Tuesday, following a nearly month-long hiatus.
The price of 24 carats of gold was Rs. 199,500 per tola, while the price of 10 kilos was Rs. 171,039 at the close of business today, according to figures issued by the APSGJA.
The prices were last released by the organization on September 12, when 24 carats of gold cost Rs. 215,000 per tola and 10 kilos cost Rs. 184,585. This indicates that the price of gold has decreased by Rs. 15,500 per tola during the rate suspension period.
Read More: Caretaker Govt to Postpone Finance Amendment Ordinance 2023
It is important to note that following a crackdown by law enforcement on tax fraud and smuggling, gold traders ceased to issue rates. The US dollar significantly declined in value in relation to the Pakistani rupee as a result of the crackdown, and in September, the rupee emerged as the world’s best-performing currency.
Seeing how the market acts now that dealers have once again refrained from issuing rates will be interesting to see. The price of gold has risen recently, according to unofficial prices, after dropping as low as Rs. 188,000 per tola the previous week.
As of 05:06 GMT on the global gold market, spot gold was trading at $1,860.21, and US gold futures were up 0.5 per cent at $1,874.10.
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.
Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.
Book Your Plot Now: +92 331 111 0005