On Monday, the price of gold in Pakistan saw a decrease of Rs. 500 per tola. Data from the Karachi Sarafa Association indicates that the price of gold (24 carats) rose by Rs. 1,100 per tola to reach Rs. 242,000, while the price of 10 grams increased by Rs. 943 to Rs. 207,476.
Last week, the precious metal’s price dropped by Rs. 7,800 per tola in the local market, closing at Rs. 244,400. This decline was attributed to decreasing international prices, which followed a reduction in tensions in the Middle East.
Gold prices also experienced a decrease in the international market today, with spot gold declining by 0.3 percent to $2,328.20 per ounce as of 0112 GMT, while US gold futures fell by 0.3 percent to $2,339.70 per ounce.
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