Market Updates || Wednesday 27, October, 2021|| Forex, Gold, Crypto||PAK Rupees

in STEEMIT PAKISTAN2 years ago

Greetings!,

Have a good day!

I hope you are all in good health. Please see today market rates. If you have any suggestions please mentioned them in the comments section.

Date: Wednesday 27, Oct 2021

Crypto Market:

At the time of writing 11:49 am PST

Trend:

Short Term: Negative
Overall: Bearsih (Downward)

Short Analysis on Gold & USD $ :

Gold rate in Pakistan touches highest price in history yesterday. There is very uncertain situation in Pakistan right now. The US Dollar also touches 175 Pkr yesterday and it expected to touch level 200 in coming days. The reason behind the highest price of gold price is consistent decline of PKR rupees against USD dollar, secondly there is high inflation around the word after recovering situation of COVID-19. So the current situation of higher inflation around the world also impact negatively to gold price. In various local markets of Pakistan gold exchanges in hand at 120,000 to 122,000 PKR per tola.

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Rates in Pakistan Rupees:

  • BTC / PKR: 10,720,933 PKR (-) 2.5 % (if You want to purchase one bitcoin, then you have to pay that amount in PKR)

BTC to PKR rate today is 10,721,313 PKR and has down by 2.4% from 10,986,787 PKR since yesterday.

  • ETH / PKR: 748,860 PKR (+) Increased 1.4 % compare to yesterday same time price. ( (if You want to purchase one Ethereum, then you have to pay that amount in PKR)

  • SBD / PKR: 1,265.22 PKR (-) decreased 2.7 % compare to yesterday price. (if You want to Sell one SBD, then you will receive that amount in PKR)

  • Steem / PKR: 99.96 PKR (-) decreased 1.9 % compared to yesterday price. (if You want to Sell one Steem, then you will receive that amount in PKR)

Rate in US Dollar

  • BTC /USD: $ 60,776 (-) decreased 2.675 % as compared to yesterday price.( If you want to purchase one bitcoin, Then you have to pay that amount in US dollars)

  • ETH /USD : $ 4,238.59 (+) increased 0.9065 % compared to yesterday price. ( if You want to purchase one Ethereum, Then you have to pay that amount in US dollars)

  • SBD/ USD : $ 7.22 (-) decreased 2.87 % as compared to yesterday Price. ( if You want to Sell one SBD, then you will receive that amount in US dollars)

  • Steem / USD: $ 0.574 (-) decreased 2.83 % as compared to yesterday price.( if You want to Sell one Steem, then you will receive that amount in US dollars)

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Gold Market:

Gold ( Sarafa Market Karachi )

  • 1 Tola : 24 KT ---------> 120,000 PKR

  • 10 Gram : 24 KT -----> 102880 PKR

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Forex Market:

  • USD/PKR: Buying 174.30 PKR, Selling 175.30 PKR

  • Euro/PKR: Buying 200.00 PKR, Selling 202.5 PKR

  • SAR/PKR: Buying 47.00 PKR, Selling 47.50 PKR

  • AED/PKR: Buying 48.70 PKR, Selling 49.20 PKR

  • GBP /PKR: Buying 239.50 PKR, Selling 242.0 PKR

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Disclaimer: This is not financial advice to invest in that particular coin/token. It's just my own analysis based on history and trends and anything can happen in Crypto anytime.

**Thank You Steemit Pakistan **

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Worthy Mentions

@hassanabid
@salmanwains
@steemit-pak
@haidermehdi
@event-horizon

Sources:

1: https://epaper.dawn.com/?page=27_10_2021_009
2: https://www.coingecko.com/en/coins/steem
3: https://finance.yahoo.com/news/crypto-daily-movers-shakers-october-002148080.html
4: https://epaper.brecorder.com/2021/10/27/13-page.html
5: http://www.forex.com.pk/open_market_rates.asp

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.033
BTC 64961.60
ETH 3103.64
USDT 1.00
SBD 3.86