PESHAWAR: The price of gold in Pakistan and the global market witnessed a decline, a day after a slight hike.
On Saturday, the price of 24-karat gold per tola fell by Rs1,600, bringing the new rate to Rs439,036, according to the All Pakistan Sarafa Gems and Jewellers Association.
Similarly, the price of 10 grams of 24-karat gold dropped by Rs1,372, settling at Rs376,402. Also, the price of 10 grammes of 22-karat gold saw a decline of Rs1,258 to be sold for Rs345,047. The downward movement was not limited to Pakistan. In the global bullion market, gold fell by $16, reaching $4,165 per ounce.
Meanwhile, silver prices also followed the same trend. The price of 24-karat silver declined by Rs81 to be available for Rs6,175. Similarly, the rate of 10 grams of silver decreased by Rs69 and was sold for Rs5,294.
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