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Thursday, November 07, 2024  
05 Jumada Al-Awwal 1446  

Gold prices see massive decline in local, international markets

Price of gold has dropped markedly in both local and international markets.
Gold bars are seen in this undated file photo. — AFP
Gold bars are seen in this undated file photo. — AFP

As of today, the price of 24-carat gold per tola in Pakistan decreased by Rs5,400, bringing the total to Rs276,800.

The cost for 10 grams of gold also fell, down by Rs4,630 to reach Rs237,311.

On the international front, the price of gold per ounce fell by $65, now standing at $2,662.

This decline follows yesterday’s reduction of Rs1,000 in the local market, where the price had settled at Rs282,200 per tola.

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This downward trend in gold prices reflects broader market movements and could influence buying patterns among consumers and investors in the coming days.

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Gold prices in Pakistan

Gold rates today