A significant decline in the prices of gold and silver has been recorded in the global and local gold markets, after which the rates in the bullion markets have reached new levels.

According to the All Pakistan Bullion Association, 24-karat gold per tola in Pakistan has fallen by Rs 12,479 to Rs 455,327. Similarly, the price of 10 grams of gold has decreased by Rs 11,240, after which the new price has been recorded at Rs 389,772.

The price of silver per tola in the local market has also decreased by Rs 463 to Rs 7,267. On the other hand, a clear decline was also seen in the global market, where gold per ounce has become cheaper by $ 124.89 cents to $ 4,328.92 cents.

According to experts, the prices of precious metals continue to fluctuate due to the global financial situation and changing investor trends, while the market may remain subject to further uncertainty in the coming days.

Read also:Gold prices drop,check latest rates here

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