ISLAMABAD: Gold and silver prices have recorded a decline after two consecutive days of increase in international and local markets, while crude oil prices have also dropped in the global market.
According to the All Pakistan Sarafa Association, the price of 24-carat gold per tola in the local market decreased by Rs. 2,100, after which the new price stands at Rs. 439,936 per tola.
Similarly, the price of 10 grams of gold dropped by Rs. 1,800 and is now being sold at Rs. 377,174. A decrease was also observed in the price of silver, where the price per tola fell by Rs. 23 to Rs. 6,532. On the other hand, in the international market, the price of gold per ounce decreased by $21 to $4,174.Meanwhile, crude oil prices have also declined in the international market. The price of Brent crude oil fell by $1.37, or 1.31 percent, to $103.35 per barrel.
Similarly, the price of US West Texas Intermediate (WTI) crude oil recorded a decrease of $1.30, or 1.42 percent, after which it stood at $90.55 per barrel. This decline in the prices of gold, silver, and crude oil in the global market has emerged as a significant change in the recent business situation.
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