Gold Rates in Pakistan decrease further for 5th consecutive day
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The relentless surge in the price of gold continues, with Pakistan also experiencing a further decrease in the price of gold following the global trend. According to the Association of Sarafa Dealers, the price of one tola (approximately 11.66 grams) of gold in Pakistan has decreased by an additional 500 rupees today, bringing the gold price to 212,000 rupees per tola.
Furthermore, the 10-gram gold price has dropped by 428 rupees, settling at 181,756 rupees. Similarly, the price of one tola of silver has decreased by 100 rupees, reaching 2,550 rupees, due to a drop of 4 dollars in the international market, bringing it to 1,919 dollars per ounce.
This decline in gold and silver prices in Pakistan is in line with the global market trends, where the precious metals are experiencing a dip in their values. Investors and individuals tracking these markets will be closely watching for any further developments and fluctuations as they assess their investments and purchasing decisions.
The recent price adjustments reflect the dynamic nature of the commodities market, influenced by various factors such as global economic conditions, geopolitical events, and market sentiment
