Pakistan Gold Price Dives 3.5% Amid Global Slide
The All Pakistan Sarafa Gems and Jewellers Association has reported that gold prices have declined in the local market. The price of 24-karat gold fell by Rs1,800 to Rs466,136 per tola, while 10 grams of 24-karat gold decreased by Rs1,543 to Rs399,636.
The association also reported a decline in the international market, with the price of gold falling by $18 to $4,436 per ounce. However, the price of silver in the local market increased by Rs67 to Rs7,179 per tola and 10 grams of silver rose by Rs57 to Rs6,154.
The association's report also mentioned that the price of silver in the international market increased by $0.67 to $67.00 per ounce.