There has been a slight change in gold prices globally, which has also had an impact on Pakistan’s local bullion market.
The price of gold in the international market has increased by one dollar, after which it has reached the level of $ 3,336 per ounce of gold. Despite this slight increase, the price of gold in Pakistan has seen a decrease.
In bullion markets across the country, the price of gold per tola has decreased by Rs 100 to Rs 356,300, while ten grams of gold is being sold at Rs 355,470, down by Rs 85.
On the other hand, no change was seen in silver prices. Silver remained stable at Rs 3,963 per tola and Rs 3,397 per ten grams.
Read also: Gold rates decrease by Rs 300 per tola in Pakistan
All Pakistan Sarafa Jewellers Association kn Sarurday said that the per tola cost of 24-karat gold decreased by Rs. 300 and was sold at Rs. 356,400 as compared to its sale at Rs. 356,700 on the last day.
This marks a cumulative decrease of Rs. 8,500 per tola over the last three days, with Rs. 8,200 already shaved off in the previous two sessions.
The price of 10 grams of 24-karat gold also fell by Rs. 257 to Rs. 305,555 from Rs. 305,812, while the 10-gram rate for 22-karat gold dropped by Rs. 235, settling at Rs. 280,102 from Rs. 280,337.
Silver rates followed suit, with per tola silver down by Rs. 60 to Rs. 3,963 and 10 grams falling by Rs. 52 to Rs. 3,397.
In the global market, gold prices dipped by $3, trading at $3,337 compared to $3,340, while silver lost $0.60 to settle at $38.14 from the previous $38.74, the Association added.
