In a recent major market development, the price of gold in Pakistan has decreased significantly.
According to local jewelers, the price per tola dropped by Rs2,300, bringing the new rate to Rs283,100 per tola.
Similarly, the price for gold per 10 grams has seen a reduction of Rs1,971, now standing at Rs242,713.
The decline in domestic gold prices coincides with a drop in the international bullion market, where the price of gold fell by $23 per ounce, resulting in a new global price of $2,734.
Market analysts attribute these fluctuations to a combination of local economic factors and international market trends. As gold prices continue to fluctuate, both buyers and sellers are advised to keep a close watch on market conditions.
