Gold Prices Fall In Pakistan, Echoing Global Trend
December 1, 2023
3:28 pm
the domestic gold market in Pakistan experienced a decrease in prices, aligning with the global drop on Friday.
the domestic gold market in Pakistan experienced a decrease in prices, aligning with the global drop on Friday.
KARACHI – Gold prices in the Pakistani market experienced an increase, reaching a two-month high.
In the Pakistani market, gold prices rose to Rs214,400 on Saturday, following an upward trend observed the previous day, despite no change in the international market.
In Karachi, gold prices slightly declined in the Pakistani market due to a global downward trend
To align with international standards and curb speculative practices, Pakistan’s gold market has adopted a new pricing formula.
On Thursday, the gold price in Pakistan saw a significant drop of nearly Rs. 8,000 per tola, closing at Rs. 197,200.
A Karachi Central Jail inmate, imprisoned for kidnapping for ransom, recently sold artwork at the Arts Council of Pakistan’s Art and Craft Exhibition,
Pakistan, as of Monday, the cost of one tola of 24-karat gold stands at Rs 214,700. Similarly, the price for 10 grams of 24k gold is Rs 184,070.
In recent days of September, there has been a significant drop in gold prices, causing a commotion in the market.
