Gold at Rs 72,600 per tola while price of LNG increased by $10.95 per unit
ISLAMABAD: According to Karachi Sarafa Association the price of 24 karat gold jumped by Rs 400 on Wednesday and was traded at Rs 72,600 per tola as compared to the last closing at Rs 72, 200.
The price of 10 gram gold also witnessed increase of Rs 343 and was traded at Rs 62,243 against Rs 61,900 of last day.
The price of silver remained constant and was traded at Rs870 per tola and that of 10 grams silver was traded at Rs745.88. In international market the price of per ounce gold increased by $14 and was traded at $1336 as compared to the last closing at $1322.
Meanwhile, The price of LNG increased by $ 0.57 per unit for Sui Southern System, after which the new price of LNG for Sui Southern System is $ 10.95 per unit. Likewise, for Sui Northern System the price increased by $ 0.56 per unit, for sui southern system the price of LNG increased by $ 0.57 per unit and for sui southern system the LNG sale price increased by $ 0.56 per unit, after which the new price of LNG for Sui Northern System increased to $ 11.01 per unit.
Moreover, PPP chairman Bilawal Bhutto Zardari said on Tuesday that the federal government was trying to sweep a flood of inflation and rising prices under a shroud of so-called accountability and arrests. “The problem is not of (the arrests of) Nawaz Sharif or Asif Zardari,” Bilawal said at a joint session of opposition parliamentary parties. “The question is which direction the country is going in.” PML-N leader Khurram Dastagir speaking to reporters said Prime Minister Imran Khan did not know how to control inflation. Dastagir said the government’s budget would be a ‘storm’ of inflation, adding it will contain a mountain of taxes.
“We will let them [government] present the budget and not will give them the opportunity to run,” said Dastagir. Leader of the opposition in the National Assembly and leader of the Pakistan Muslim League-Nawaz (PML-N), Shehbaz Sharif chaired a joint session of the opposition parties.
The session was attended by Pakistan People’s Party (PPP) chairman Bilawal Bhutto-Zardari and PPP leaders Raza Rabbani, Sherry Rehman, Khursheed Shah, PML-N lawmaker Ahsan Iqbal, and other opposition leaders. Sources said the leaders discussed the political situation following the arrests of PPP co-chairman Asif Ali Zardari and PML-N leader Hamza Shehbaz. Opposition leaders also formulated a strategy for the budget session during the joint meeting, sources said.— BY our special Reporter