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Commodities

Pakistan Gold Prices Plunge by Rs12,800 Amid Global Economic Shift

Guavy AI Editorial Team
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Gold prices in Pakistan continued their downward trend on Monday, falling by Rs12,800 to reach Rs438,136 per tola. The price of 10 grams of gold also declined by Rs10,973, reaching Rs375,631. The All Pakistan Sarafa Gems and Jewellers Association noted that silver prices moved lower as well, with one tola falling by Rs325 to Rs6,578.

The international market saw a decline in gold prices, with a drop of $128 per ounce to $4,156. The association attributed the fluctuations in gold prices to various factors including movements in the US dollar and global economic conditions.

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