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Gold Prices Decline for Second Consecutive Day Across Pakistan

Gravatar Avatar Web Desk | 3 months ago
Gold Prices

Karachi: Gold prices continued their downward trend for the second straight day across Pakistan, providing some relief to buyers amid recent volatility in the bullion market.

According to the All Pakistan Gems and Jewellers Association, the price of gold per tola dropped by Rs600, bringing the new rate to Rs481,862.

Similarly, the price of 10 grams of gold decreased by Rs515, and is now being sold at Rs413,118.

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On the international front, gold prices also witnessed a slight decline. In the global market, gold fell by $6 to trade at $4,595 per ounce.

Market analysts say fluctuations in international gold rates and movements in the US dollar continue to influence local prices. They add that further changes in gold prices cannot be ruled out in the coming days depending on global economic trends.

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