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Commodities

Gold Prices Dip Slightly in Pakistan Amid International Decline

Guavy AI Editorial Team
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Gold
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The gold price in Pakistan has seen a slight drop on Tuesday, mirroring a small decline in the international market. The local price of gold is currently cheaper compared to international rates.

Pakistan meets its gold demand through imports and the gold rate in Pakistan is determined by considering global market prices, the rupee-dollar exchange rate, and domestic market demand and supply.

The price of 24-carat gold in Pakistan decreased by Rs500 per tola and Rs429 per 10 grams, settling at Rs241,500 per tola and Rs207,047 per 10 grams, respectively. This decrease follows the record high of Rs 252,200 per tola reached on Saturday, April 20, 2024.

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