In a significant shift in the market, gold prices in Pakistan have seen a notable decline.
Local jewelers reported that the price per tola has decreased by Rs2,300, bringing the current rate to Rs283,100 per tola.
Similarly, the price for 10 grams of gold dropped by Rs1,971, now standing at Rs242,713.
This drop in local gold prices aligns with a decrease in the international bullion market, where the price of gold fell by $23 per ounce, settling at $2,734 globally.
Market experts attribute these changes to a combination of domestic economic conditions and global market trends. With gold prices continuing to fluctuate, both buyers and sellers are advised to closely monitor market developments.
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