KARACHI: After experiencing a significant increase for one day, the price of gold in Pakistan has dropped again on Thursday due to fluctuations in global rates.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold decreased by Rs1,000 per tola, bringing it down to Rs418,862. In the local market, the price of 10 grams of 24-karat gold fell by Rs857, settling at Rs359,106. Similarly, 10 grams of 22-karat gold were priced at Rs329,300, which is a reduction of Rs678 compared to the previous day.
Read also: Gold prices further drop in Pakistan-latest price here
Gold prices per tola in the country have seen a historic decline of Rs 14,000 today, Tuesday.
According to the All Pakistan Sarafa Jewellers and Association, today, the price of gold in the local market has decreased by Rs 14,000 to Rs 416,362. In addition, the price of ten grams of gold has decreased by Rs 12,000 to Rs 356,963.
The price of silver per tola has decreased by Rs 173 to Rs 4,924. On the other hand, gold has become cheaper by $ 140 per ounce in the global market to $ 4,940. Earlier, on October 18, the price of gold per tola had decreased by Rs 10,600.
