The price of gold in the global and local gold markets has continued to decline for the third consecutive day, which has given some relief to buyers.
According to the All Pakistan Sarafa Association, 24-karat gold per tola has become cheaper by Rs 2,100 in the local market to Rs 477,862, while the price of 10 grams of gold was recorded at Rs 499,689 after a decrease of Rs 1,801.
Similarly, a decrease has also been seen in the price of silver, with silver per tola becoming cheaper by Rs 65 to Rs 7,849. On the other hand, the trend of decline in gold prices continues in the global market, where gold per ounce has become cheaper by $ 21 to $ 4,555.
According to experts, global economic conditions, fluctuations in the value of the dollar, and investment trends are affecting gold prices, resulting in a continuous decline in the market.
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