Business
Gold price declines by Rs1,000 per tola
The cost of 24-carat gold experienced a decline of Rs1,000 per tola.
Karachi: The Gold price in Pakistan declined by Rs1,000 per tola on Monday.
According to the sources, the cost of 24-carat gold experienced a decline of Rs1,000 per tola, reaching a value of Rs2,02,000.
Similarly, the price of 10 grams of 24-karat pure gold traded at Rs173,182 as per bullion market.
The 22-karat gold, the current price stands at Rs183,333 per tola.
Meanwhile, the yellow metal of 22 karats of gold which is usually used for jewellery making, sold at the rate of Rs158,751 per 10 grams.
The price of 10 grams of silver is fixed at Rs2,700 per tola in the market.
It's important to note that the gold rates decreased for the third consecutive week in a row. These prices were discovered from reliable sources in the regional bullion markets, particularly in Multan and Karachi.
Moreover, the gold in Pakistan fluctuates multiple times throughout the day in sync with global market trends.