KARACHI: The price of gold per tola in the local market has decreased by Rs 600, while in the global market it has become cheaper by $ 6 and has reached $ 4438 per ounce.
According to the details, the price of gold has decreased slightly, gold per tola has reached Rs 466,162, and the price of gold and silver in the local bullion market has continued to decline for the second day. According to the All Bullion Association, the price of 24-carat gold per tola in the local market has decreased by Rs 600 to Rs 466,162. The price of ten grams of gold also closed at Rs 399,658 after a decrease of Rs 515.
The price of silver per tola also saw a decrease, and it fell by Rs 236 to Rs 8,125.
The price of gold in the global market also remained low, where the price of gold per ounce has reached $ 4,438 after a decrease of $ 6. According to experts, this decline in the global and local markets is due to trade activities and a balance between supply and demand.
Experts in the gold market say that investors should carefully review the market fluctuations before investing in gold at this time, as even a slight difference in global and local prices can affect buying and selling decisions.
| Metal | Unit | Price (Rs) | Change |
|---|---|---|---|
| Gold (24-carat) | 1 Tola | 466,162 | ↓ 600 |
| Gold (24-carat) | 10 grams | 399,658 | ↓ 515 |
| Gold (Global) | 1 Ounce | $4,438 | ↓ 6 |
