Gold rates down by Rs1,300 to Rs220,000 per tola

ISLAMABAD (APP) - The per tola price of 24-karat gold decreased by Rs1,300 and was sold at Rs220,000 on Wednesday compared to its sale at Rs221,300 on the last trading day.

The price of 10 grams of 24-karat gold also decreased by Rs1,115 to Rs188,614 from Rs189,729 whereas the price of 10 grams 22-karat gold went down to Rs172,897 from Rs173,918.

The price of per tola and 10-gram silver remained unchanged at Rs2,680 and Rs2,297.66 respectively. The price of gold in the international market decreased by US$12 and was sold at US$2,082 against US$2,094.

PSX gains 297 points

The 100-index of the Pakistan Stock Exchange (PSX) turned around to bullish trend, gaining 297.25 points, a positive change of 0.46 percent, closing at 64,646.85 points against 64,349.60 points the previous trading day. A total of 639,616,328 shares valuing Rs.20.282 billion were traded during the day as compared to 671,665,363 shares valuing Rs.24.451 billion the last day.

Rupee gains 17 paisa against dollar

The Pakistani rupee witnessed appreciation of 17 paisa against the US dollar in the interbank trading and closed at Rs281.72 against the previous day’s closing of Rs281.89. The buying and selling rates of the dollar in the open market stood at Rs280.5and Rs283 respectively.