Gold prices have recorded a significant fall in global and local bullion markets today.
Due to the fall in the price of gold in the global market, gold has become cheaper by Rs 3,200 per tola in Pakistan.
The latest rates for today, Gold per tola (24 carat): Rs 523,762 (a decrease of Rs 3,200) while The price of 10 grams of gold (24 carat) recorded Rs 449,041 with decrease of Rs 2,743)
Gold per ounce (global market): $ 5,011 (a decrease of $ 32) while the price of Silver per tola: Rs 8,164 (a decrease of Rs 55)
The main reason for this decline in prices is being attributed to profit-taking by investors in the global market and the stability in the value of the dollar.
This decline in the local market has come after a continuous increase in the last few days.
