SUNDAY, NOVEMBER 28, 2021 | 22 RABIULAKHIR, 1443 LATEST COVID-19 LIVE URDU PAKISTAN LIFE&STYLE MONEY SPORTS TECHNOLOGY VIDEO MORE HOME > Money Gold price slides down a notch in Pakistan It recorded an overall decrease of Rs1,000 this week SAMAA | Samaa Money - Posted: Nov 27, 2021 | Last Updated: 22 hours ago Photo: FILE The price of gold slumped Saturday by Rs2,400 in Pakistan. A tola of 24k-gold is now selling at Rs122,800. It recorded an overall decrease of Rs1,000 compared to the preceding week. According to the rates compiled by All Sindh Sarrafa and Jewelers Association, in the international market, the price of the precious metal fell by $26 per ounce, taking the gold to $1,787. Over the week, the price of gold remained uncertain in the global market and dropped by $84 per ounce. It touched a five-month high of $1,874 per ounce on November 16 and a record high of Rs132,000 per tola on October 26 in Pakistan. In the domestic market, the price per 10-gram gold fell by Rs2,058 and settled at Rs105,281. Silver prices On the other hand, the silver price in Pakistan has not been changed since November 22. It was being sold at Rs1,460 per tola and Rs1,251.71 per 10 grams for the past six days. Pakistani rupee goes down against US dollar The value of the US dollar is hitting an all-time high against the Pakistani rupee. It has risen by 94 paisas in the interbank market. The local currency depreciated by 0.27% and the trading session closed at Rs175.46 on November 26. Interbank closing #ExchangeRate for today:https://t.co/T1m2txsSN0 pic.twitter.com/ZLEaMeCE06 — SBP (@StateBank_Pak) November 26, 2021 Adnan Sami Sheikh, an economic analyst, said that the rise in imports at the month-end has increased the dollar demand. You may also like Gold shines brighter in Pakistan as price goes up Gold just got cheaper in Pakistan, price rises globally Gold price rises Rs2,500 in Pakistan, after drop Sheikh said that Pakistan has to meet IMF’s conditions and the next tranche of loans is expected in January or February next year. A billion-dollar aid package from Saudi Arabia is yet to be received, after which the pressure on the Pakistani rupee may ease. Follow SAMAA English on Facebook, Twitter, and Instagram. GOLD PRICE Tell us what you think: Comment Your Name ﻿ MOST READ Gold price slides down a notch in Pakistan Federal cabinet approves $3b loan from Saudi Arabia AGP report discloses irregularities worth Rs40b in PM's Covid package Pakistan to pay interest at higher rate on Saudi loan About Us | Anchor Profiles | Online Advertising | Contact Us | Feedback | Apps | FAQs | Authors | Comment Policy Facebook | Twitter | Instagram | YouTube | WhatsApp Copyright © 2021 SAMAA TV. All Rights Reserved.