Gold Prices Fall Again in Pakistan
KARACHI: The All Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported a decline in gold prices both locally and internationally. The cost of a tola of 24-karat gold decreased by Rs500, now at Rs241,500. Similarly, 10 grams of 24-karat gold dropped by Rs429, reducing the price to Rs207,047 from Rs207,476. Additionally, 10 grams of 22-karat gold decreased to Rs189,793 from Rs190,186.
Conversely, silver prices remained stable, with one tola and 10 grams of silver steady at Rs2,850 and Rs2,443.41, respectively. In the global market, gold prices fell by $2, moving from $2,328 to $2,326, according to the association.
Gold Price Table
| Gold Type | Previous Price | Current Price | Change |
|---|---|---|---|
| 24-Karat Gold (Tola) | Rs242,000 | Rs241,500 | -Rs500 |
| 24-Karat Gold (10 grams) | Rs207,476 | Rs207,047 | -Rs429 |
| 22-Karat Gold (10 grams) | Rs190,186 | Rs189,793 | -Rs393 |
Silver Price Table
| Silver Type | Previous Price | Current Price | Change |
|---|---|---|---|
| Silver (Tola) | Rs2,850 | Rs2,850 | Rs0 |
| Silver (10 grams) | Rs2,443.41 | Rs2,443.41 | Rs0 |
Conclusion
The decline in gold prices reflects fluctuations in the global market, while silver prices remain stable. These changes impact local buyers and investors, influencing market dynamics and investment decisions.
