*KARACHI: The per told gold price on Monday registered a decrease of Rs2200in the domestic market. *
According to the rates issued by the All Pakistan Jewellers ManufacturersAssociation (APJMA), per tola gold price dropped by Rs2200 per tola tosettle at Rs157,400.
Similarly, the price of 10 grams of gold also decreased by Rs1,886 toRs134,945.
The per tola gold rate on last Thursday climbed to an all-time high ofRs160,400.*Rupee breaks losing streak *
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The US dollar after days of hike in open market and interbank saw a declineagainst rupee on Monday amid government and SBP’s assurance that thecountry will have enough funds for FY2022-23 after receiving IMF tranches.
According to forex dealers, the US dollar shed Rs0.53 in the interbank andclosed at Rs238.84 as the banks sold the greenback at Rs239.50. In openmarket, after touching the Rs250 mark, the US dollar declinedlink to Rs240.
