Gold prices skyrocketing with new duty


It is reported that the prices of Gold are skyrocketing in the local market following the duty increase announced yesterday (Apr. 18).
Yesterday the Finance Ministry said a 15% duty will be imposed on the value of Gold imports.
When we checked from the Gold traders it was found that the price a pound of Gold has risen between Rs. 6,000 to 7,000.
Accordingly, the price of a 22 karat pound has gone up by Rs. 6,000 to 57,000 from 51,000.
At the same time, the price of a 24 karat pound has increased by Rs. 7,000 to 62,000 from 55,000.

Make a Comment
Make a Comment