On Friday, a gold price of Rs31, at 324 per tola as high record Rs31, 050 a day, further than the international market, where a 18-month rate went up to hit high. Friday, 10 grams increased the rate of Rs26, Rs26, 614 against 828 on Thursday.
Dealers said demand for the precious metal in September due to a number of factors such as the U.S. dollar slides against euro S, as an alternative asset reserves and growing interest in metal strengthening Chinese investors to buy During perked. A significant increase of Rs1, 324 3 was registered on September 18 in the local market. Gold traders fear that high prices prevent retail buyers wedding season, which Eid ul, Fitr, when demand for the precious metal is usually surges ahead after the first. Similarly, many consumers marriage season or for the purpose of investment to start harvesting yellow metal. After taking gold sales - monsoon phase, when people associated with the farming community in rural areas buy it. City government to control prices of essential commodities during Ramazan fugitive failed. His agreement goods retailers ignore Karachi City District Government (CDGK) S sold price list. Consumers without any scrutiny by the price control authorities were being fleeced. Chinese consumers due to lack market maintained far higher prices. One kg of sugar depending on the area between Rs50 and Rs55 officials set the price at Rs47 per kg commodity prices was at stake. Wheat flour was sold for Rs350 per 10kg bag 400. Difficult struggle for the poor at concessional rate of Rs100 during the month, buy a 10kg sack of flour. Milk prices in most sectors of the city rose to Rs50 per liter.
Prices of beef, chicken meat and mutton per kg respectively, Rs200, Rs266 and Rs350 for the roses. Prices of fruits and vegetables increased as these were being sold at double the price set by the CDGK. Consumers were complaining, but shocked - car dealers in view of growing demand in the last week of Ramazan price increase, citing the reason that they were on high value items from Sabzi Mandi. Hysteria as thousands of buyers on Eid and saw strong markets, as well as traders, but the trade bodies that had fallen by 25-30 per cent of sales this year as last year compared. Runaway inflation and lower sales of frozen salaries they blamed. However, traders accurate sales tax authorities on the possibility of action figures refrained from showing. , Tarid Road, one retailer said Mohammed Aslam, a large number of shoppers thronged the market, but they lacked the purchasing power due to rising prices. ID for a person who is purchasing buy 5-7 suits were suits now only 2-3. Clothes, shoes and gift items are worth out of the reach of customers. He as about 800 containers in 1050 compared to last year came this year added. Clothes imported goods, clothing, fake jewelry, shoes and toys who are demanding higher ahead of Eid included above. But during Ramazan, contrary to normal practice, the Karachi Stock Exchange share index has risen 100 per cent or 1329 points and 16.38 percentage points improvement in 9437 as renewed confidence 13-month high touched on foreign purchases. It was observed that the last week of Ramazan a large number gathered in the market. Stock KSE 30 - Index to jump 18.08pc or 1553 points to close at 10.146 points, 10,000 points mark good.
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