Gold Prices Fall in Pakistan After Global Decline
Gold prices in Pakistan registered a notable drop on Tuesday, tracking the downward trend in international markets.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold fell by Rs. 1,100 per tola, bringing the new rate to Rs. 356,600. Similarly, the price of 10 grams of gold decreased by Rs. 943, closing at Rs. 305,727.
Just a day earlier, gold prices had climbed by Rs. 1,500 per tola, reaching Rs. 357,700 on Monday.
On the global front, international gold rates also slipped, with the price recorded at $3,339 per ounce (including a $20 premium), reflecting a decline of $11, as per APGJSA data.
Gold investors and buyers in Pakistan are closely watching international market fluctuations, as global trends continue to influence local rates.