Gold on Saturday fell by Rs 1000 per tola to Rs 94500 in a single day trading on the local market, traders said.
The yellow metal was selling for Rs 81018 per 10 grams, down by Rs 858, and $1675 an ounce, down by $11, on the world market. Silver was available for Rs 1000 per tola, Rs 857.33 per 10 grams and $17.40 an ounce, they added.
Pakistan imported 4 percent or $351,000 of more gold to $10.068 million during July-January 2019-20 from $9.717 million during July-January 2018-19, Pakistan Bureau of Statistics says.
Import volume of the metal is down by 3.23 percent or 8 kilograms to 240 kilograms in July-January 2019-20 from 248 kilograms in July-January 2018-19. Down by 7.13 percent or $69, 000, the country imported $899,000 of gold comparing to the yellow metal import of $968,000 in January 2019. Gold import quantity also dipped to 18 kilograms in January 2020 from 25 kilograms in January 2019, showing a fall of 28 percent or 7 kilograms.
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