Gold and Silver Prices Drop

Web Desk | 2 months ago

Karachi: Gold and silver prices have seen a significant drop in both domestic and international markets.

The price of gold per tola has decreased by PKR 6,500 to PKR 533,362, while the price for 10 grams of gold fell by PKR 5,573 to PKR 457,271.

In the international market, gold per ounce also dropped by $65, reaching $5,106.

SBP Set to Announce New Policy Rate Today

Silver prices have also fallen, with the price per tola now at PKR 8,894, reflecting a decrease of PKR 37.

Experts say that the drop in gold prices is due to a stronger US dollar and instability in global financial markets.

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