Gold trading was closed at Rs 91000 per tola, up by Rs 700 on the local market, traders said on Saturday. The precious metal was traded for Rs 78081 per 10 grams up by Rs 600 and $1572 an ounce up by $ 13. Silver was selling for Rs 1000 per tola, Rs 857.33 per 10 grams and $ 18.15 an ounce, they added.
Pakistan imported 5 percent or $ 418,000 more gold to $ 9.168 million in July-Dec 2020 comparing to the import of yellow metal of $ 8.750 million in July-Dec 2019. In term of volume, the country's gold import was unchanged at 23 kilograms this fiscal year as well.
In Dec 2019, the country's import of gold was $ 1.775 million, which was 85.28 percent or $ 844,000 higher than import of the precious metal of $ 931,000 in Dec 2018. About 68 percent or 16 kilograms increase the gold import has witnessed to 39 kilograms in Dec 2019 from 23 kilograms in Dec 2018, Pakistan Bureau of Statistics shows.
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