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Gold Rate in Pakistan today – January 10, 2025

Gold price registers increase of Rs1,300 to reach Rs159,600 per tola

by Arshad Khan
July 30, 2022
in Business
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In the international market, gold prices rose $5 to close at $1,767 per ounce.

Gold price registers increase of Rs1,300 to reach Rs159,600 per tola. Gold prices in the country on Saturday registered a further increase of Rs1,300 as the US dollar dominates the rupee.

The price of glittery metal per tola of 24-carat has surged by Rs1300.

With this increase, the price of gold per tola of 24-carat reached Rs159,600.

According to the details released by All Sindh Sarafa and Jewellers Association (ASSJA), the price of 10-grams gold of 24-carat has witnessed a hike by Rs1,114 to reach Rs136,831.

Meanwhile, the price of silver in the domestic market today remained stable at Rs1,630 per tola and Rs1,397.46 per 10 grams.

In the international market, gold prices rose $5 to close at $1,767 per ounce.

The total foreign debt owed by Pakistan is $126billion as of May 31, 2022, according to the details presented in the National Assembly.

More From FactFile: Rupee nosedives to 239.94 against US dollar

In the NA session, a document on details of foreign debts was presented, according to which the government s foreign debt reached $85.64bn.

According to the details, Pakistan s debt to the International Monetary Fund (IMF) is $7.29bn.

According to the written answer, the foreign debt of the private sector is $11.58bn.

From 2022 to 2059, Pakistan will have to pay $95.4bn in interest and principal.

The salary and benefits details of Governor State Bank were presented in the NA, according to which the position of Governor SBP is currently vacant.

While according to former governor Raza Baqir’s salary and benefits details, Governor SBP is paid a monthly salary of Rs2.5m.

The salary is increased by 10 per cent annually and the Governor State Bank is given a fully furnished house.

Apart from this, two vehicles with 1200 liters of petrol and a driver, four domestic servants are also paid

State Bank Governor also pays 75 per cent of children s school fees to SBP.

Landline, mobile phone and internet are also provided free of charge to Governor SBP.

SBP also pays electricity, gas, water bills and generator fuel.

According to details of local loans received by the PTI government, local loans of over Rs120bn were received from 2019 to April 2022.

The previous government had issued T-bills worth Rs77bn and Sukuk bonds worth Rs1688bn.

Local loans of Rs340bn were obtained through national savings schemes.

Tags: All Sindh Sarafa and Jewellers AssociationGoldInternational Monetary FundPakistan
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