In a recent key market shift, gold prices in Pakistan have seen a substantial decrease.
Local jewelers report that the price per tola has fallen by Rs2,300, now setting the rate at Rs283,100 per tola. Similarly, the cost for 10 grams of gold dropped by Rs1,971, with the new price now at Rs242,713.
This drop in local gold prices aligns with a downturn in the international bullion market, where gold prices declined by $23 per ounce, bringing the global rate to $2,734.
According to market analysts, these price changes stem from a mix of domestic economic influences and global market trends. With continued price fluctuations, both buyers and sellers are encouraged to stay informed about current market conditions.
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