In the international market, the price of gold has reached its lowest levelin 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 markethas further decreased by 9,100 rupees.
Gold per ounce has now dropped to less than 211,000 rupees and is at192,000 rupees. In Pakistan the Gold prices are going to further reduce incoming days due to these factors.
From September 2nd until now, the price of gold per ounce has decreased byapproximately 50,000 rupees. The price of 10 grams of 24-carat gold is164,600 rupees, while the price of 10 grams of 22-carat gold has reached150,800 rupees.
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The reason for the decrease in gold prices is being attributed to theincrease in the value of the Pakistani rupee and a continuous rise ininterest rates in the United States and Europe.
