Gold prices decline after three consecutive days of increases

Gold prices surg for second consecutive day in Pakistan, here is latest rates

 

Gold prices in both global and local markets experienced a slight decline on Friday after reaching historic levels. According to the All Pakistan Gems and Jewellers Association, the price of gold per tola in the local market dropped by Rs 300, now standing at Rs 349,700 on the last business day of the week. Meanwhile, 10 grams of gold is priced at Rs 299,811 following a decrease of Rs 257. A similar dip was observed in the global market, where gold prices fell by $3 to $3,326 per ounce. It’s noteworthy that just yesterday, the price of gold per tola surged by Rs 2,000, hitting an unprecedented high of Rs 350,000 for the first time in history.

Also read: Gold prices increase by Rs8,600/tola to reach record high

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