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Gold prices have corrected sharply by 7 per cent or Rs 5,000 per 10 grams in the local markets after the government slashed basic custom duty on gold, and the lower costs will encourage more people to ...
This price drop has caught the attention of both investors and buyers as the cut in customs duty has made gold imports less expensive.
Last week, gold price per tola had increased by Rs4,600 in Pakistan to clock in at an all-time high of Rs254,000 per tola in the local market.
Spot gold rose 0.3% to $2,371.23 an ounce, while gold futures expiring in August rose 0.7% to $2,369.90 an ounce by 00:43 ET (04:43 GMT). Spot prices were down 1.2% this week, having initially fallen ...
The gold market fell rather hard during the early hours on Thursday, as we continue to see a lot of basically, panic in the financial world. Ultimately, this is a market that I think does find buyers ...