Gold prices in Pakistan maintained a downward trend, following the decrease in international rates. On Tuesday, the price of gold per tola fell by Rs600, bringing it to Rs274,900. This decline was in line with global market trends.
Similarly, the price for 10-gram gold dropped by Rs515, settling at Rs235,682. These rates were shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), reflecting the continued drop in both local and international markets.
On Monday, gold prices had already decreased by Rs500, closing at Rs275,500 per tola. The ongoing decline is a reflection of international market movements.
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In the global market, the price of gold dropped by $6, from $2,653 to $2,647 per ounce, according to the Association’s report. This decrease influenced the local market, leading to lower prices across the board.
Meanwhile, silver prices remained stable. The price of silver stood unchanged at Rs3,050 per tola, providing some stability in contrast to gold’s fluctuations.
Overall, the trend indicates a continued weakening in gold prices, influenced by both international market shifts and local demand factors.
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