Gold prices see decline in Pakistan
07 November, 2024 19:00
Today's Gold Rate in Saudi Arabia - 10 April 2025
The price of 24-carat gold per tola dropped by Rs5,400, bringing the current price to Rs276,800 in the local market.
This follows a recent decline of Rs1,000 yesterday, when the price was recorded at Rs282,200 per tola.
Similarly, the price of gold per 10 grams has also seen a considerable drop of Rs4,630, now priced at Rs237,311.
The continued downward trend in gold prices comes amid a broader decline in the international bullion market, where the price of gold per ounce fell by $65, settling at $2,662 per ounce.
Gold traders attribute the local price reduction to fluctuations in the global market, with the recent dip in international prices impacting domestic pricing mechanisms.
The decrease in gold prices has raised questions about potential changes in consumer demand and investment patterns in the coming weeks.
As of now, the market is closely monitoring the situation, with experts speculating that further adjustments may occur depending on international market trends.
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