After a two-day increase in gold prices in Pakistan and the global market, a downward trend has been seen once again, due to which gold has become cheaper in the local market.
According to the All Pakistan Sarafa Association, the price of 24-karat gold per tola decreased by Rs 3700, after which gold per tola became Rs 426,736. Similarly, the price of 10 grams of gold decreased by Rs 3202, after which the new price came to Rs 365,857.
On the other hand, the price of silver also decreased. According to the report, silver became cheaper by Rs 57 per tola to Rs 6237. The downward trend in the price of gold continued in the global market as well, where gold fell by $37 per ounce to $4043.
According to experts, price fluctuations in the global market, investor trends and the impact of the dollar situation have a direct impact on gold prices, due to which price changes are also seen in the local market.
According to the bullion market, global conditions, currency market and investment trends will play an important role in determining gold prices in the coming days as well.
Read also: Gold prices increase in Pakistan, check latest prices here
