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Commodities

Gold Price Tumbles in Pakistan Amid Global Decline

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Gold and silver prices have fallen in Pakistan's domestic market due to a decline in global rates. The All Pakistan Sarafa Association reported that gold prices dropped for the second consecutive session, with 24-carat gold decreasing by Rs3,000 per tola, bringing its new rate to Rs438,636.

The price of 10 grams of gold also fell by Rs2,572 to Rs376,059. This decline in global prices has had a ripple effect on the domestic bullion market, leading to the latest drop in local gold rates.

Silver prices have also decreased, with the price per tola falling by Rs50 to Rs6,528, according to the All Pakistan Sarafa Association.

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