The data shared by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) shows that the price of 24-carat gold decreased by Rs2,500 per tola, reaching Rs214,500, while the price per 10 grams decreased by Rs2,143 to settle at Rs183,900.


Karachi: The price of gold in Pakistan continued to experience decline, with a drop of Rs2,500 per tola, despite a minor increase in international rates on Saturday.
All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) shared the data, showing that the price of 24-carat gold decreased by Rs2,500 per tola, reaching Rs214,500, while the price per 10 grams decreased by Rs2,143 to settle at Rs183,900.
The cost of gold in Pakistan is currently Rs4,000 per tola cheaper compared to the Dubai market, indicating that the Pakistani gold market is currently more affordable than the global market.
In the global market, the price of gold witnessed a slight increase of $1, settling at $1,920 per ounce.
Gold prices in Pakistan have been experiencing volatility recently due to ongoing political and economic uncertainty, as well as high inflation. During such times, people tend to invest in gold as a safe haven and a hedge against economic instability.
The association also shared data revealing a decrease of Rs50 in the price of silver, which settled at Rs2,500 per tola and Rs2,143.34 per 10 grams.

The Trump administration could green-light deep-sea mining for the first time
- 3 hours ago
Dozens hospitalized after massive blaze on Petronas gas pipeline in Malaysia
- 12 hours ago

Who's leading the Golden Boot races in Europe's top leagues?
- 2 hours ago
Russia's Supreme Court to rule on Taliban's status as terrorist group
- 10 hours ago

Facebook’s new Friends-only feed ditches all the algorithmic junk
- 3 hours ago

Bird Buddy’s solar-powered smart feeder is $100 off
- 3 hours ago

Yes, your allergies are getting worse
- an hour ago

Trump’s “third term” comments, briefly explained
- an hour ago
Lahore to Jeddah flight avoids crisis with swift emergency landing
- 11 hours ago

Steelers' Heyward clarifies stance on Rodgers
- 2 hours ago

Four dead after speeding car plunges into Naseer Canal in Sindh
- 12 hours ago

Microsoft tests Quick Machine Recovery to restore PCs that can’t boot
- 3 hours ago