{"id":16920,"date":"2022-08-01T16:30:45","date_gmt":"2022-08-01T16:30:45","guid":{"rendered":"https:\/\/undergroundnews.co.uk\/?p=16920"},"modified":"2022-08-01T16:30:47","modified_gmt":"2022-08-01T16:30:47","slug":"gold-prices-slip-in-pakistan-as-govt-affirms-economic-growth","status":"publish","type":"post","link":"https:\/\/undergroundnews.co.uk\/?p=16920&lang=en","title":{"rendered":"Gold prices slip in Pakistan as govt affirms economic growth"},"content":{"rendered":"\n<p>Mishaal Arshad C.M Underground News<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Gold price plunges by Rs2,200 per tola.&nbsp;<\/strong><\/li><li><strong>Price settles Rs157,400 per tola.<\/strong><\/li><li><strong>Gold is cheaper by Rs3,500 per tola compared to its price in Dubai.<\/strong><\/li><\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-cnvs-separator-id-1659371321304\"\/>\n\n\n\n<p>KARACHI: Gold prices slipped on Monday as the government\u2019s stance on economic growth dimmed the metal&#8217;s appeal, with additional pressure from a rebound in local currency.<\/p>\n\n\n\n<p>Data released by the All Sindh Saraf and Jewellers Association (ASSJA) showed that the price of gold, considered a safe haven, plunged by Rs2,200 per tola and Rs1,886 per 10 grams to settle at Rs157,400 and Rs134,945 in the local market.<\/p>\n\n\n\n<p>It should be noted that the gold price is standing below cost. Gold is cheaper by Rs3,500 per tola compared to its price in Dubai.<\/p>\n\n\n\n<p>The latest price for local markets was determined to keep in view the prices at which trades took place among buyers and sellers.<\/p>\n\n\n\n<p>In the international market, bullion prices increased by $7 per ounce to settle at $1,774 as the dollar softened, while investors awaited more economic readings that could determine the pace of the US Federal Reserve\u2019s interest rate hikes.<\/p>\n\n\n\n<p>Meanwhile, silver prices in the domestic market remained unchanged at Rs1,630 per tola and Rs1,397.46 per 10 grams today.<\/p>\n","protected":false},"excerpt":{"rendered":"Mishaal Arshad C.M Underground News Gold price plunges by Rs2,200 per tola.&nbsp; Price settles Rs157,400 per tola. Gold&hellip;\n","protected":false},"author":3,"featured_media":16882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[50,76,71,38],"tags":[],"class_list":{"0":"post-16920","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-important-news","9":"category-latest-news","10":"category-pakistan","11":"cs-entry","12":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/16920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16920"}],"version-history":[{"count":1,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/16920\/revisions"}],"predecessor-version":[{"id":16922,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/16920\/revisions\/16922"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/media\/16882"}],"wp:attachment":[{"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}