KARACHI – After hovering near record high, gold rates moved down in Pakistani market on Monday.
In a major shift in local markets, the price of gold moved down to 340,500 after Rs10,400 dip. Similarly, the price of 10 grams of gold fell by 8,917 rupees, reaching 291,923 rupees.
Silver also saw a decline, with the price of one tola (11.66 grams) falling by 17 rupees to settle at 3,400 rupees per tola.
Today Gold Rates
| Items | Old Price | New Price | Change |
|---|---|---|---|
| 1 Tola Gold | 350,900 | 340,500 | -10,400 |
| 10 Grams | 300,840 | 291,923 | -8,917 |
Gold Price in Pakistan This Week
| Dates | 24K Gold |
| 8-May | Rs352,700 |
| 7-May | Rs356,900 |
| 6-May | Rs356,100 |
| 5-May | Rs350,000 |
| 3-May | Rs342,200 |
| 2-May | Rs344,500 |
| 30-April | Rs345,800 |
The global gold market has also witnessed a significant decrease, with the price of gold falling by 104 dollars per ounce, bringing it to 3,221 dollars.
This dramatic drop in prices is being attributed to fluctuations in global commodity markets, with investors closely monitoring the situation to assess its long-term impact.
After record peak, gold prices in Pakistan decrease massively
