Key Takeaways
- Gold prices in Pakistan dropped by Rs5,600 per tola.
- The international price of gold fell by $56 per ounce.
- Silver prices also saw a decrease of Rs171 per tola.
Gold prices in Pakistan experienced a decline on Thursday, following a similar trend in the global market. The local price per tola of gold fell to Rs448,336, marking a decrease of Rs5,600 from the previous day.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 10-gram gold also saw a reduction, dropping by Rs4,801 to reach Rs384,375.
On Wednesday, the price of gold per tola was Rs453,936, having declined by Rs1,800 from the previous day.
The international price of gold also saw a decrease, dropping by $56 to reach $4,258 per ounce.
The decline in gold prices was reflected in the local market, indicating a direct correlation with global trends.
Silver prices followed suit, decreasing by Rs171 to reach Rs6,837 per tola, mirroring the overall market sentiment.
These changes in precious metal prices are significant for consumers and investors in the Pakistani market, who may be considering their purchasing decisions based on these fluctuations.
The APGJSA shared these rates, providing insights into the current market conditions and helping consumers make informed choices.
