Pakistan Gold Prices Decline Despite Global Increase

On Friday, despite an increase in gold prices in the international market, the local market in Karachi witnessed a decrease in prices. According to the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of per tola gold saw a minor decrease of Rs50, closing at Rs211,300. Similarly, the price of 10 grams of 24-carat gold fell by Rs42, settling at Rs181,156.

In contrast, the international market experienced a $20 increase in the price of this precious commodity, reaching $1,987 per ounce.

Meanwhile, the price of silver remained stable at Rs2,800 per tola and Rs2,400.54 per 10 grams, respectively.

Sohaib Rehman

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