Gold prices fell in Pakistan on Monday, according to FXStreet data. The price per gram of gold dropped to PKR 24,435.33, compared to PKR 24,572.89 on Friday. The latest figures reveal a downward shift in the market.
Significant Price Decrease for Tola
The price for a tola of gold, a common unit used in Pakistan, also fell significantly. On Monday, a tola of gold cost PKR 285,002.70, down from PKR 286,613.30 recorded on Friday. The reduction points to market adjustments affecting both local and international gold rates.
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Gold Price Breakdown in PKR
Measurement Price (PKR)
1 Gram 24,435.33
10 Grams 244,346.20
Tola 285,002.70
Troy Ounce 760,024.40
FXStreet’s Pricing Methodology
FXStreet calculates the price of gold in Pakistan by adapting the international price (USD/PKR) to local currency and units of measurement. The website updates its prices daily, reflecting market rates at the time of publication. These rates serve as a reference, and actual local prices may differ slightly due to market factors.
The consistent update of these prices provides an essential gauge for local traders and consumers keeping track of gold rates amid fluctuating market conditions.
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