Cotton prices hit record high
Cotton prices hit a record high both in global and local markets with Rs 8,800 per 40kg in Pakistan.
According to Ginners Association Executive Member Ehsanul Haq, rise in cotton prices at international markets caused a Rs300 surge locally. In international markets, the prices rose to 149 cents per pounds with 33 percent raise. Due to the recent devastating floods, cotton production in Pakistan has reduced drastically, below than the domestic industrial needs.
Cotton prices hit record high
Cotton prices hit a record high both in global and local markets with Rs 8,800 per 40kg in Pakistan.
According to Ginners Association Executive Member Ehsanul Haq, rise in cotton prices at international markets caused a Rs300 surge locally. In international markets, the prices rose to 149 cents per pounds with 33 percent raise. Due to the recent devastating floods, cotton production in Pakistan has reduced drastically, below than the domestic industrial needs.
Cotton hits record high
Cotton prices hit a record high both in global and local markets with Rs.7,600 per 40kg in Pakistan and 125 cents per pounds internationally.
Pakistani exporters have done the export deals of 200 tons at a rate of 120 pound per cent. Due to the recent devastating floods, cotton production in Pakistan has reduced drastically, below than the domestic industrial needs. However, no cotton export policy has yet been announced. Whereas contrary to it, India has put a ceiling on exports exceeding 5.5 million bales of cotton, although their production is far above than their domestic needs..
Gold reaches Rs 43,700 per tola
Gold prices hit record high in the local as well as international markets on Thursday. Local prices surged to a record Rs43,700 per tola.
According to the Sindh Sarafa Association, an increase of 350 rupees per tola was witnessed in the local markets today. Whereas, the price of 10-gram gold rose by Rs 300 to reach Rs 37,457.
International markets witnessed an increase of more than $28 per ounce during the month of October.
Gold hits all time high of Rs 40,550 per tola
Gold price continued to rise in local and international markets as gold hit record high on Thursday and reached Rs 40,550 per tola in Pakistan.
Gold prices surged to Rs 40,550 per tola, up Rs 275 whereas price of 10 grams increased to Rs 34,457, up Rs 236 in local markets including Karachi. During last three days, gold price has been increase by Rs 800 per tola.
Gold hits record high
The trend of increase in gold prices continued in local and international markets as gold traded at record high of above Rs 40,000 per tola in Pakistan on Tuesday.
Gold prices surged to Rs 40,165 per tola, up Rs 415 whereas price of 10 grams increased to Rs 34,437, up Rs 356 in local markets including Karachi. In international markets, gold price increased by $15 per ounce to reach $1,245. The continuous decline of dollar value is causing surge in gold buying and the prices are increasing.
Gold Price Surges in Markets
Gold Price Surges in Markets, The trend of increase in gold prices continued in local and international markets as gold hit record high of Rs 36,150 per tola in Pakistan on Tuesday.
Gold prices surged to Rs 36,150 per tola, up Rs 300 whereas price of 10 grams increased to Rs 30,985, up Rs 257 in local markets including Karachi. In international markets, gold price increased by $2 per ounce to reach $1132. The continuous decline of dollar value is causing surge in gold buying and the prices are increasing.
Gold Price Surges in Markets was first posted on November 17, 2009 at 10:13 pm.
Gold touches record Rs36850/tola
November 15, 2009 by Trend PK
Filed under World News
Full Story And Original Content.TrendPK.com PESHAWAR: The gold price of a tola has reached record Rs36850 in Peshawar, Geo News reported Saturday. According to Peshawar Sarrafa Association, the gold prices are persistently on the rise, as tola was Rs35850 a week ago in the city, which rose to record high at Rs36850 at present, thus, posting an
Full Story And Original Content.TrendPK.com PESHAWAR: The gold price of a tola has reached record Rs36850 in Peshawar, Geo News reported Saturday.
According to Peshawar Sarrafa Association, the gold prices are persistently on the rise, as tola was Rs35850 a week ago in the city, which rose to record high at Rs36850 at present, thus, posting an [...]
