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Reading: Gold Prices in Pakistan Plunge Following Trump’s Election Win
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Gold Prices Pakistan
PhotoNews Pakistan > Business > Gold Prices in Pakistan Plunge Following Trump’s Election Win
Business

Gold Prices in Pakistan Plunge Following Trump’s Election Win

Web Desk
By Web Desk Published November 7, 2024 1 Min Read
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Representative image of Gold. Photo Credits: Mint
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Gold prices in Pakistan plummeted by Rs5,400 on Thursday, mirroring the global market’s reaction to Donald Trump’s victory in the 2024 US presidential election.

The impact of the recent decline in the international gold price was also felt in Pakistan, with the price of one-tola dropping by a massive Rs5,400 on Thursday, clocking in at Rs276,800.

Read more: https://t.co/d57rTeGLp8#Gold #GoldPrice pic.twitter.com/qd5F9OptOk

— Business Recorder (@brecordernews) November 7, 2024

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price for a tola of 24-karat gold dropped to Rs276,800.

Similarly, the cost for 10 grams of 24-karat gold fell by Rs4,630, settling at Rs237,311.

Globally, gold prices also significantly declined, dropping $65 to close at $2,662 per ounce, with an additional premium of $20.

New Post: Gold Prices in Pakistan Today – Thursday 07 November 2024 https://t.co/3oxFDw9zvb pic.twitter.com/xSpiTdgACw

— The Wallet (@thewalletpk) November 7, 2024

Local silver prices followed suit, decreasing by Rs130 to reach Rs3,300 per tola.

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