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Reading: Pakistan Gold Prices Drop: Rs1,100 Per Tola, Aligning with Global Decline
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gold prices in Pakistan
PhotoNews Pakistan > Business > Pakistan Gold Prices Drop: Rs1,100 Per Tola, Aligning with Global Decline
Business

Pakistan Gold Prices Drop: Rs1,100 Per Tola, Aligning with Global Decline

Web Desk
By Web Desk Published September 9, 2024 1 Min Read
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Gold prices in Pakistan drop. Photo Credits: Business Recorder
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Gold prices in Pakistan dropped significantly on Monday, with the rate per tola falling by Rs1,100 to close at Rs260,400.

The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported that the price for 10 grams of 24-karat gold decreased by Rs 943, settling at Rs 223,251.

Gold prices in Pakistan maintained its downward trajectory on Monday in line with the decrease in the international rates. In the local market, the price of gold per tola lost Rs1,100, clocking in at Rs260,400.

Read more: https://t.co/Lg8v8UEE2w#Gold #GoldPrice pic.twitter.com/joOOcu3oGj

— Business Recorder (@brecordernews) September 9, 2024

Internationally, gold prices also declined, with the price per ounce decreasing by $7 to $2,490, according to APGJSA data.

After a period of stability, silver prices in the local market decreased by Rs50, reaching Rs2,850 per tola.

The volatility in local gold prices reflects the influence of international market trends and domestic factors such as currency exchange rates and local demand.

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