Gold prices drop significantly with per tola down by Rs 6,500 in Pakistan

Gold prices drop significantly with per tola down by Rs 6,500 in Pakistan

Major Decline Recorded in Gold Prices Across Pakistan; 24-Karat Per Tola Gold Decreases by Rs 6,500 While International Bullion Dips Below $4,100 Per Ounce

ISLAMABAD : After witnessing consecutive days of upward momentum, local and international gold markets experienced a significant downward correction, bringing substantial relief to buyers and investors.

According to the Sarafa Association, the price of 24-karat gold per tola registered a major drop of Rs 6,500, bringing the new rate down to Rs 429,136. Similarly, the price of 10 grams of 24-karat gold decreased by Rs 5,573 to settle at Rs 367,914, while local silver prices declined by Rs 85 to stand at Rs 5,678 per tola.