On Friday, the price of 24 karat gold in Pakistan dropped by Rs. 1,800 per tola, now being sold at Rs. 350,900 compared to the previous day’s rate of Rs. 352,700, according to the All Pakistan Sarafa Gems and Jewelers Association.
Similarly, the price for 10 grams of 24 karat gold decreased by Rs. 1,543, settling at Rs. 300,840 from Rs. 302,383. The rate for 10 grams of 22 karat gold also declined, down by Rs. 1,414 to Rs. 275,780 from Rs. 277,194.
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In contrast, the silver market remained stable, with per tola silver holding at Rs. 3,417 and 10 grams at Rs. 2,929.
On the global front, the price of gold in the international market also saw a decline, falling by $18 to $3,325 from $3,343. The price of silver internationally remained unchanged at $32.35.
This decrease reflects ongoing fluctuations in the precious metals market, both locally and globally, influenced by economic conditions and investor sentiment.
