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Gold prices in Pakistan fall by more than Rs10,000 per tola

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Gold prices

KARACHI: Gold prices in Pakistan recorded a sharp decline on Tuesday, with the price of the precious metal falling by more than Rs10,000 per tola, according to the All Pakistan Gems and Jewellers Association.

The association said the price of 24-karat gold dropped by Rs10,400 per tola to Rs432,236.

The price of 10 grams of gold also declined, falling by Rs9,360 to Rs368,985.

The decline mirrored losses in international markets, where gold prices fell by $104 to $4,098 per ounce.

Gold prices in Pakistan are closely linked to movements in global markets and fluctuations in the value of the Pakistani rupee.

Gold prices in Pakistan fall by over Rs9,700 per tola

by
Gold prices

KARACHI: Gold prices across Pakistan declined sharply on Thursday, with a drop of more than 9,700 rupees per tola, according to the All Pakistan Gems and Jewelers Association.

The price of one tola of gold fell by 9,720 rupees, bringing it down to 432,716 rupees. Similarly, the price of 10 grams of gold decreased by 8,748 rupees to 369,422 rupees.

In the international market, gold prices also weakened, falling by $97 per ounce to $4,102, market data showed.

Analysts attributed the decline to fluctuations in global bullion markets and changing investor sentiment.