A significant decrease in gold price has been recorded in Pakistan during the last three days. Today in the local market, the per-tola price of 24 karat gold was reported at Rs 426,500, while the per-tola price of 22 karat gold was reported at Rs 391,064.
Yesterday, the per-tola price of 24 karat gold was Rs 431,536, while on Wednesday it was recorded at Rs 434,536. Compared to Wednesday, an overall decrease of Rs 8,036 per tola was seen till Friday. Also read: How were billion rupees gold contracts distributed in Khyber Pakhtunkhwa? Shocking revelations of alleged irregularities came to light.
A decrease in gold price has also been seen in the international market. Fluctuations in gold rates in the global market, the value of the Pakistani rupee against the dollar, and local demand and supply affect gold prices in Pakistan.
Read also: Gold Prices Remain Stable in Local and Global Markets
