Gold Rates in Pakistan decrease further for 5th consecutive day

Gold Rates in Pakistan decrease further for 5th consecutive day

The relentless surge in the price of gold continues, with Pakistan alsoexperiencing a further decrease in the price of gold following the globaltrend. According to the Association of Sarafa Dealers, the price of onetola (approximately 11.66 grams) of gold in Pakistan has decreased by anadditional 500 rupees today, bringing the gold price to 212,000 rupees pertola.

Furthermore, the 10-gram gold price has dropped by 428 rupees, settling at181,756 rupees. Similarly, the price of one tola of silver has decreased by100 rupees, reaching 2,550 rupees, due to a drop of 4 dollars in theinternational market, bringing it to 1,919 dollars per ounce.

This decline in gold and silver prices in Pakistan is in line with theglobal market trends, where the precious metals are experiencing a dip intheir values. Investors and individuals tracking these markets will beclosely watching for any further developments and fluctuations as theyassess their investments and purchasing decisions.

The recent price adjustments reflect the dynamic nature of the commoditiesmarket, influenced by various factors such as global economic conditions,geopolitical events, and market sentiment