Key Takeaways
- Gold prices dropped by nearly Rs. 4,000 per tola in Pakistan.
- International gold prices also saw a decrease of $37 per ounce.
- Silver prices fell by Rs. 57 per tola.
Gold prices in Pakistan experienced a significant decline on Saturday, with the price of one tola dropping by nearly Rs. 4,000 to settle at Rs. 426,736.
The decrease was part of a broader trend seen internationally, where gold prices fell $37 per ounce to close at $4,043 on Friday’s trading session.
Additionally, the price of 10 grams of gold decreased by Rs. 3,202 to reach Rs. 365,857.
The All Pakistan Sarafa Gems and Jewelers Association reported that gold prices had gained Rs. 3,000 per tola on Friday before the significant drop on Saturday.
Silver also saw a decline, with its price per tola decreasing by Rs. 57 to settle at Rs. 6,237.
The fluctuation in precious metal prices can impact various sectors of the economy, including jewelry manufacturing and investment markets.
