Gold gets cheaper: Rs 1,600 per tola cut in Pakistan

Author:

Gold prices in Pakistan continued to fall as the local market responded to global trends. On Monday, the price of one tola of gold decreased by Rs 1,600. It now stands at Rs 347,100, according to the All Pakistan Sarafa Gems and Jewellers Association.

In addition, the price for 10 grams of gold dropped by Rs 1,368. After this latest reduction, it is now priced at Rs 297,582. This marks a significant shift for gold buyers across the country, especially ahead of the upcoming wedding season.

Meanwhile, the international gold market also showed a downward trend. The global price of gold fell by $16 per ounce, bringing it down to $3,289. This international drop continues to influence local rates in Pakistan.

The decline is seen as a temporary relief for local consumers. However, market experts advise buyers to stay cautious, as prices may fluctuate again due to global uncertainty.

Share
Leave a Comment

Recent Posts

  • Sports

Bangladesh to visit Lahore for T20I series, confirms PCB

The Pakistan Cricket Board (PCB) on Tuesday confirmed that Bangladesh will tour Pakistan later this…

2 mins ago
  • Sports

PSL 10: playoff battles begin today

The action of the Pakistan Super League (PSL) season 10 will resume at Lahore's Gaddafi…

2 mins ago
  • Sports

Pakistan beat India 14-1 in West Asia Baseball Cup semifinal

Pakistan's baseball team have outclassed India 14-1 in the semifinal of the West Asia Baseball…

3 mins ago
  • Sports

Liverpool rocked by Brighton’s late fightback

Brighton’s Jack Hinshelwood sealed a dramatic 3-2 victory against Liverpool on Monday to leave the…

4 mins ago
  • Sports

PCB invites applications for batting, bowling, and fielding coaches

The Pakistan Cricket Board (PCB) has initiated the process to appoint new coaches for the…

5 mins ago
  • Sports

World judo champion to embark on peace journey across Pakistan

Four-time Olympian and World Judo Medalist Sabrina Filzmoser is arriving Pakistan on Wednesday to begin…

6 mins ago