Gold price in Pakistan falls to Rs243,500 per tola reflecting global decline
Gold prices in Pakistan saw a decline on Saturday, mirroring the downward trend observed in the global market.
According to data provided by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the local market recorded a drop of Rs300 per tola, bringing the price to Rs243,500.
For 10 grammes of gold, the price fell by Rs257, reaching Rs208,762, based on the rates shared by APGJSA.
Internationally, the price of gold also experienced a decline on Saturday. APGJSA reported that the rate settled at $2,359 per ounce, with an additional premium of $20, marking a decrease of $7 throughout the day.
In contrast, silver rates remained unchanged at Rs2,650 per tola.
This decrease comes after a significant increase on Friday, where gold prices in Pakistan surged by Rs4,600 per tola.
It’s noteworthy that just last month, gold reached an unprecedented high of Rs252,200 per tola in the Pakistani gold market, highlighting the volatility of precious metal prices in recent times.
'%3e%3crect%20y='0.445312'%20width='48'%20height='48'%20rx='24'%20fill='white'%20fill-opacity='0.5'/%3e%3crect%20x='0.5'%20y='0.945312'%20width='47'%20height='47'%20rx='23.5'%20stroke='%23808080'/%3e%3cpath%20d='M34.625%2024.4453L14%2024.4453'%20stroke='%23808080'%20stroke-width='0.920053'/%3e%3cpath%20d='M23.375%2034.4453L13.375%2024.4453L23.375%2014.4453'%20stroke='%23808080'%20stroke-width='0.920053'/%3e%3c/g%3e%3cdefs%3e%3cfilter%20id='filter0_b_489_44344'%20x='-12'%20y='-11.5547'%20width='72'%20height='72'%20filterUnits='userSpaceOnUse'%20color-interpolation-filters='sRGB'%3e%3cfeFlood%20flood-opacity='0'%20result='BackgroundImageFix'/%3e%3cfeGaussianBlur%20in='BackgroundImageFix'%20stdDeviation='6'/%3e%3cfeComposite%20in2='SourceAlpha'%20operator='in'%20result='effect1_backgroundBlur_489_44344'/%3e%3cfeBlend%20mode='normal'%20in='SourceGraphic'%20in2='effect1_backgroundBlur_489_44344'%20result='shape'/%3e%3c/filter%3e%3c/defs%3e%3c/svg%3e)
'%3e%3crect%20y='0.445312'%20width='48'%20height='48'%20rx='24'%20fill='white'%20fill-opacity='0.5'/%3e%3crect%20x='0.5'%20y='0.945312'%20width='47'%20height='47'%20rx='23.5'%20stroke='%23808080'/%3e%3cpath%20d='M13.375%2024.4453L34%2024.4453'%20stroke='%23808080'%20stroke-width='0.920053'/%3e%3cpath%20d='M24.625%2014.4453L34.625%2024.4453L24.625%2034.4453'%20stroke='%23808080'%20stroke-width='0.920053'/%3e%3c/g%3e%3cdefs%3e%3cfilter%20id='filter0_b_489_44344'%20x='-12'%20y='-11.5547'%20width='72'%20height='72'%20filterUnits='userSpaceOnUse'%20color-interpolation-filters='sRGB'%3e%3cfeFlood%20flood-opacity='0'%20result='BackgroundImageFix'/%3e%3cfeGaussianBlur%20in='BackgroundImageFix'%20stdDeviation='6'/%3e%3cfeComposite%20in2='SourceAlpha'%20operator='in'%20result='effect1_backgroundBlur_489_44344'/%3e%3cfeBlend%20mode='normal'%20in='SourceGraphic'%20in2='effect1_backgroundBlur_489_44344'%20result='shape'/%3e%3c/filter%3e%3c/defs%3e%3c/svg%3e)
