Gold Has Become Cheaper

June 17, 2020Nouman Ilyas0

At the beginning of the business week, the city’s barter bazaars and markets saw a dramatic drop in gold prices. What an expression of satisfaction!

According to the details, the price of pure 24 carat gold per tola will reach Rs 97,900 after gold becomes cheaper by Rs 300 in the barter bazaars and markets of the city.

Similarly, 22 carat gold per tola has become Rs 89,925. The city’s jewelers community and consumers have expressed satisfaction with the further increase. Jewelers say the fall in gold prices will have a positive impact on the gold trade. Sales increased while female consumers were also happy in this regard. Female consumers say that gold was out of reach of the middle class due to gold prices. The reduction in gold prices is welcome.

Sugar dealers say that the district administration has fixed the price of sugar at Rs. 70 and they have suffered a loss on the stock of sugar. If he wants to ensure the sale, first the price of ex-mill sugar should be fixed at Rs. 65 per kg. The wholesale price of sugar would be Rs. 68 and sugar would be sold at Rs.

Extracted from City42 News

Nouman Ilyas

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