All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) shares data, revealing that the price of 24-carat gold dropped by Rs1,100 per tola, settling at Rs214,200, while per 10 grams, it decreased by Rs943 to reach Rs183,642.
Karachi: Gold prices in Pakistan witnessed a decline on Tuesday, influenced by a decrease in the international market and the strengthening of the rupee against the dollar.
All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) shared the data, revealing that the price of 24-carat gold dropped by Rs1,100 per tola, settling at Rs214,200, while per 10 grams, it decreased by Rs943 to reach Rs183,642.
Simultaneously, the international market also experienced a decrease in gold prices, with a $9 drop, settling at $1,922 per ounce.
The volatility in gold rates within Pakistan can be attributed to ongoing political and economic uncertainties, along with high inflation. During such periods, individuals often choose to invest in gold as a secure asset and a hedge against potential risks.
First lady Melania Trump previews new film at private White House screening
- 12 hours ago
Raqami Islamic Digital Bank set to commence operations in Feb
- 11 hours ago
Hundreds of creatives warn against an AI slop future
- 4 hours ago
Cunha backs Carrick to succeed in new Utd 'cycle'
- a day ago
Can Minnesota prosecute the federal officers who just killed a man?
- 2 hours ago
Pakistan, Bangladesh vow to strengthen collaboration across multiple sectors
- 13 hours ago
The world just passed a surprisingly positive milestone on nuclear weapons
- 2 hours ago
Indian captain of suspected Russian shadow tanker in French custody
- 12 hours ago
PCB announces squad for ICC Men’s T20 World Cup 2026
- 12 hours ago
Xbox Developer Direct 2026: the biggest games and announcements
- 4 hours ago
Anthropic’s new Claude ‘constitution’: be helpful and honest, and don’t destroy humanity
- 4 hours ago
Panjgur: Security forces kill three terrorists in IBO: ISPR
- 14 hours ago
