Gold Prices Register Further Decline in Domestic and International Markets; Per Tola Rate Drops to Rs437,336
KARACHI: Gold rates fell again on both the domestic and global markets with the price of precious metals continuing to plunge.
Data released by the All Pakistan Sarafa Association showed that the price of 24 karat gold fell by Rs800, taking the new price of the gold to Rs437,336 per tola in domestic markets.Breakdown Local and International Precious Metal RatesDomestic 24K Gold (10 Grams):
The price of 10 grams 24 karat gold fell by Rs686 to Rs374,945. Local silver prices also got a push lower as the price per tola declined by Rs20 to Rs6,558.
International Market Trend: The price of gold in the international market fell by $8 per ounce to reach $4,148.The analysts of precious metals attribute ongoing changes to the adjustments as a result of global commodities corrections and currency changes.