Gold Prices See a Dip in Pakistan After Recent Surge
The price of 24-karat gold in Pakistan recorded a decline of Rs. 700 per tola, settling at Rs. 359,000 on Tuesday, according to the All Pakistan Sarafa Gems and Jewellers Association. This marks a slight correction after gold saw a sharp rise over the past few days.
Just a day earlier, gold was trading at Rs. 359,700 per tola, following a notable Rs. 8,200 increase over the previous four trading sessions, pushing it close to the Rs. 360,000 milestone.
š Latest Gold & Silver Prices in Pakistan
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24-Karat Gold (10 grams):
ā¤ Dropped by Rs. 600 to Rs. 307,784 (previously Rs. 308,384) -
22-Karat Gold (10 grams):
ā¤ Fell by Rs. 550 to Rs. 282,145 (previously Rs. 282,695)
In addition to gold, silver prices also saw a downward adjustment:
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Silver (per tola): Decreased by Rs. 73 to Rs. 4,014
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Silver (10 grams): Dropped by Rs. 62 to Rs. 3,441
š International Market Update
In the global market, the price of gold slipped by $7, falling to $3,365 per ounce from the previous $3,372. Silver also saw a dip of $0.73, bringing it down to $38.30 per ounce from $39.03.
š Market Outlook
Despite todayās drop, gold remains close to its all-time highs, driven by ongoing global economic uncertainty and currency fluctuations. Investors and buyers are advised to keep an eye on market trends, especially as international prices continue to influence local rates.
Stay tuned for daily updates on gold and silver prices in Pakistan.
