Gold Rate Declines Significantly in Pakistan

Gold prices in Pakistan fell on Monday, mirroring a downward trend in international markets. The All Pakistan Sarafa Gems and Jewelers Association shared the updated rates, showing a notable decline in both gold and silver prices.

24 Karat Gold Price Drops by Rs.2,500

The price of 24 karat gold per tola dropped by Rs.2,500, now standing at Rs.353,000, down from Rs.355,500 on the previous trading day.

Similarly, 10 grams of 24 karat gold fell by Rs.2,143, now priced at Rs.302,640, while 10 grams of 22 karat gold decreased by Rs.1,964, now at Rs.277,430.

Silver Rates Also Decrease

Silver prices also saw a dip. The per tola price of silver dropped by Rs.30, now at Rs.3,841, and the 10-gram silver rate went down by Rs.25, now priced at Rs.3,293.

Global Market Reflects Similar Trend

The international gold price saw a reduction of $25, now trading at $3,310, down from $3,335. The global silver price also declined by $0.30, now at $36.57, according to the Association.