Gold prices declined in Lahore’s barter markets and bazaars. On Thursday, gold prices fell by Rs 1,700. Consumers and jewelers have expressed satisfaction over the cheapening of gold jewelry.
Good news for women interested in gold jewelry came out from the barter bazaars and markets of Lahore city. On Thursday, gold became cheaper by Rs. 1700, after which the net price of 24 carats per tola of gold was Rs. 117,700. One lakh 7 thousand 707 rupees and 21 carats per tola of gold were one lakh 2 thousand 812 rupees.
Similarly, the world market price of gold per ounce was 193 1935, consumers have expressed satisfaction over the reduction in gold prices. Consumers say that although gold has become cheaper by Rs 1,700, it should be further reduced.
On the other hand, at the end of the trading day, the dollar rose in the interbank market, the dollar rose 11 paise in the interbank market. At the end of the fourth day of the business week, the dollar appreciated against the rupee in the interbank market. The dollar rose 11 paise on the interbank market. The dollar closed at Rs 168.37 in the interbank market. Forex dealers say the SBP should take steps to stabilize the value of the dollar so that the rupee can stabilize.
Extracted from City42 News