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Commodities

Gold Prices Fall Sharply in Local and Global Markets

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The gold and silver prices have taken a downturn in both local and global markets. In the international bullion market, the price of gold decreased by $43 per ounce to $4,138.

In Pakistan's local market, the price of gold has fallen by Rs4,300 per tola to Rs436,336, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The price of 10-gram gold also declined by Rs3,687 to Rs374,087.

The silver prices have also decreased in Pakistan's market. The price of silver fell by Rs56 per tola to Rs6,522, and the price of 10-gram silver dropped by Rs48 to Rs5,591.

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