On the third day of the business week, gold prices continued to rise in the stock markets and markets
The price of gold per tola in Lakh increased by thousands of rupees for the second day in a row. According to media reports, on the third day of the business week, gold prices continued to rise in the stock markets and markets. It has been reported that the price of 22 carat gold per tola has become 2 lakh 292 rupees while 21 carat gold per tola has been sold for 1 lakh 91 thousand 188 rupees.
Similarly, the price of 24 karat gold per tola increased by 3100 in gold prices in bullion markets and markets to 2 lakh 18 thousand 500 rupees. It should be noted that the downward trend in the price of gold was seen in the exchange markets of Pakistan for the past several days, which came to a full stop on Tuesday. On Tuesday, the price of gold per ounce in the international market decreased by 15 dollars to 1911 dollars, while in Pakistan, the price of gold per tola increased by 5 thousand 600 rupees and the price of gold per 10 grams increased by 5 thousand 58 rupees.
It should be noted that due to the prevention of dollar smuggling in the country and the improvement in the value of the rupee, the gold prices had decreased by more than 30 thousand rupees in the last one week. In this regard, Chairman Pakistan Forex Exchange Association Malik Bustan has demanded that those who come to sell dollars should not be harassed so that they do not go to the black market again.
Talking to the media in Karachi, Malik Bustan said that the nation congratulates the army chief on the crackdown, the army chief took up the burden that the civil government had to take, due to the crackdown, sugar rates are decreasing in Pakistan today. Yes, the rates of electricity, petrol will also decrease, the rate of dollar is decreasing continuously, if the operation continues and smuggling stops, then the dollar can even go up to 250 rupees.
Malik Bostan said that since the crackdown started, the exchange company's supply has increased a lot, today the exchange company has sold 15 million dollars in the interbank, in the past, the sale of dollars in the interbank is not going above 5 to 10 million dollars. It is hoped that in the coming days the sale of dollars in the interbank will increase to 20 million per day. We hope that this month we will surrender more than 500 million dollars in the interbank.
He demanded that currency changers should be protected and not harassed. The number of clients selling currency in exchange companies has decreased. The reason for the decrease is the collection of their data by the agencies. Don't be harassed and keep records through the portal, there should be a complaint number if someone harasses the dollar sellers.
Malik Bustan said that I have also spoken to DGFIA Mohsin Butt, a portal should be created for dollar sellers so that no government official stops them, registration number is given in the portal, show the number and deposit the currency or Change it. He said that don't bother the currency changers so that they don't go to the black market again, in this way our and the army chief's hard work will be wasted.