A significant drop has been seen in the price of gold in Pakistan once again, as a result of which gold per tola has become cheaper by Rs 6,500 to reach Rs 533,362.
Similarly, the price of 10 grams of gold has also been recorded as a decrease of Rs 5,573 and it has become Rs 457,271. According to the All Pakistan Sarafa Gems and Jewelers Association, the price of gold has also decreased in the global market. Gold per ounce has become cheaper by $ 65 to $ 5,106, the impact of which is also clear on the local market.
A decrease was also seen in the price of silver, according to which silver per tola has decreased by Rs 37 to reach Rs 8,894. According to experts, the decline in the price of gold globally was due to several factors, including volatility in international financial markets and global inflation indicators. This decline has made it relatively easier for investors to buy gold, while some stability is also being seen in the market.
This decline has been recorded after a gap of one day, which shows that gold prices in global and local markets are subject to continuous fluctuations. Investors and bullion owners have been advised to keep a close eye on the market situation.
Read also: Gold prices drop, check latest rates here
