In the international market, the price of gold has reached its lowest level in 7 months after a $25 decrease per ounce.
According to the details, the price of gold in the Asian market has reached $1817 per ounce, and today, the price of gold per ounce in the Asian market has further decreased by 9,100 rupees.
Gold per ounce has now dropped to less than 211,000 rupees and is at 192,000 rupees. In Pakistan the Gold prices are going to further reduce in coming days due to these factors.
From September 2nd until now, the price of gold per ounce has decreased by approximately 50,000 rupees. The price of 10 grams of 24-carat gold is 164,600 rupees, while the price of 10 grams of 22-carat gold has reached 150,800 rupees.
The reason for the decrease in gold prices is being attributed to the increase in the value of the Pakistani rupee and a continuous rise in interest rates in the United States and Europe.