Under the influence of the global market, the price of 24-carat gold per tola in the local bullion markets fell by Rs3,300 today, after which the new price came to Rs 5,01,562.
The price of gold per ounce in the international bullion market fell by $33 on Friday, after which the new global price came to $4,792 per ounce. Similarly, the price of gold per 10 grams in the country decreased by Rs2,829 to Rs4,30,080.
In addition, the price of silver per tola at the local level decreased by Rs70 to Rs8,444 and the price of silver per 10 grams also decreased by Rs60 to Rs7,239.
The price of gold in Pakistan is linked not only to the global market but also to the value of the rupee. According to experts. If gold falls by $50 to $100 per ounce in the global market, then a major decrease of Rs. 5,000 to Rs. 10,000 per tola can be seen in Pakistan.
Significant Jump in gold prices again, check latest rates here
