Gold Prices Drop Sharply After Hitting Record Highs
Web Desk
|
7 months ago
After several days of continuous gains, gold prices have seen a significant decline in both international and local markets, driven by increased selling pressure.
In the international market, the price of gold dropped by $116 per ounce, bringing it down to $3,338. The dip in global prices has directly impacted local rates in Pakistan as well.
Domestically, the price of gold per tola (approximately 11.66 grams) fell by Rs 11,700, settling at Rs 352,000. Meanwhile, the price for 10 grams of gold declined by Rs 10,031, now being sold at Rs 301,783.
you may like
TRENDING NOW
Severe Drought in Iran, Mashhad Faces Major Water Shortage
Severe drought in Iran has created a worrying situation across the country. After the capital city Tehran, the second-largest city…
Iranian President Masoud Pezeshkian Tells U.S.: Tehran Won’t Abandon Nuclear and Missile Programs
Tehran : Iranian President Masoud Pezeshkian has delivered a strong message to the United States, saying that while Tehran seeks…Hamas Hands Over Another Hostage’s Body to Israel Under Peace Agreement
The Palestinian resistance group Hamas has handed over another Israeli hostage’s body to Israel as part of the peace agreement…Turkey Issues Arrest Warrants Against Netanyahu Over Gaza Genocide
Turkey has issued arrest warrants against Israeli Prime Minister Benjamin Netanyahu and other senior officials for Gaza genocide and crimes…
MUST WATCH
Punjab CM Maryam Nawaz Launches Major Health and Digital Empowerment Program
Lahore — Punjab Chief Minister Maryam Nawaz Sharif has unveiled a historic initiative to enhance healthcare, safety, and digital empowerment…Rapid increase in HIV cases among children in Nawabshah
A serious health concern has come to light in Sindh, as officials have reported a rapid increase in HIV cases…
Dengue and Malaria Cases Continue to Rise in Interior Sindh
Dengue and malaria continue to spread rapidly across Hyderabad and several districts of interior Sindh, as hospitals remain flooded with…
An incident of violence against polio workers in Karachi
An incident of violence against polio workers in Karachi took place in FB Area Block 14, Goharabad. A team giving…
INNOVATION
PIA’s Boeing 777 Windshield Broke Again, Plane Grounded Jeddah
PIA’s Boeing 777 windshield broke again, forcing the aircraft to…15 minutes agoSevere Drought in Iran, Mashhad Faces Major Water Shortage
Severe drought in Iran has created a worrying situation across…1 hour agoJUI-F Chief Maulana Fazlur Rehman Leaves Karachi for Dubai
Jamiat Ulema-e-Islam (JUI-F) Chief Maulana Fazlur Rehman travels abroad as…2 hours ago
Punjab Doubles T-Cash Card Price, Commuters Concerned
The Punjab Transport Department has raised the price of the…1 day ago