Gold prices witnessed a significant decline across Pakistan’s bullion markets today, offering temporary relief to buyers and investors.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola has dropped by Rs 8,600, bringing the new rate to Rs 519,962.
Meanwhile, the price of 10 grams of gold fell by Rs 7,373, settling at Rs 445,783.
🌍 Global Gold Prices Also Decline
In the international market, gold prices also recorded a drop. The price fell by $86 per ounce, reaching $4,972 per ounce.
Market analysts say that fluctuations in global bullion prices and currency exchange rates directly impact local gold rates in Pakistan.