The price of gold in Pakistan saw a decline on Monday, with 24-karat gold being sold at Rs241,500 per tola, marking a decrease of Rs200 per tola.
This reduction is noteworthy as the price has been maintained at Rs1,500 below its actual cost due to diminished purchasing power among consumers.
According to the Karachi Sarafa Association, the price of 24-karat gold per 10 grammes also fell, now standing at Rs207,047, a reduction of Rs172 per 10 grammes. Similarly, the price of 22-karat gold was recorded lower at Rs189,793 per 10 grammes.
Meanwhile, silver prices in the domestic market remained stable. The price of 24-karat silver was unchanged, selling at Rs2,850 per tola and Rs2,443 per 10 grammes.
On the international front, spot gold traded near $2,327 an ounce, an increase of $2.8 or 0.12% from the previous session.
