Gold prices in Pakistan continue to decline, with the per tola price at Rs242,000 after a Rs6,200 drop, and the 10-gram gold at Rs207476 following a decrease of Rs5,315, as reported by the Sarafa Association. International market gold price also decreased to $2355 from $2,415. Silver remained constant at Rs2,850 per tola.
The gold prices in Pakistan continue to drop in line with the global market, ARY News reported on Thursday, citing the Sarafa Association.
According to the Sindh Sarafa Jewellers Association, the per tola gold price clocked in at Rs242,000 after a single-day decline of Rs6,200.
Similarly, the 10-gram gold was sold at Rs207476 after it shed Rs5,315, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
In the international market, the gold price decreased by $60 to $2355 from $2,415, the association reported.
Yesterday, the Gold prices in Pakistan witnessed downward momentum in line with the global market.
According to all Sindh Sarafa Jewellers Association, the per tola gold price clocked in at Rs248,200 after a drop of Rs300.
Whereas, the 10-gram gold was sold at Rs212,791 after it shed Rs236, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The recent drastic decrease in gold rates has stirred discussions and repercussions across Pakistan. With gold being a significant investment and a traditional gift in various cultural occasions, these changes in its prices have captured the attention of the masses and the markets. Many are intrigued by the reasons behind this phenomenon, and speculations and analyses have been put forward to understand the implications. It is a critical time for investors and individuals, as they grapple with decisions pertaining to their gold holdings and purchases. In this blog post, we will delve into the causes and potential consequences of the major drop in gold rates, and provide insights to our readers to navigate through this uncertain economic landscape.
Source: ARY NEWS
Gold rates in Pakistan experience significant decline in alignment with global market trends. Sindh Sarafa Jewellers Association reports tola gold price at Rs242,000, marking a Rs6,200 drop, while 10-gram gold is sold at Rs207476 after a Rs5,315 decrease. Per tola silver remains steady at Rs2,850. Internationally, gold price falls by $60 to $2355 from $2,415. Yesterday, tola gold price was Rs248,200, down by Rs300, and 10-gram gold was Rs212,791, a decrease of Rs236. Source: ARY NEWS.
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