All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) shares data, showing a decline in the price of gold (24 carats), with a decrease of Rs1,300 per tola and Rs1,115 per 10 grams, settling at Rs213,200 and Rs182,785, respectively.
Karachi: Gold prices in Pakistan experienced a downward trend, breaking a two-day gaining streak, following a decrease in international rates.
The All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) released data showing a decline in the price of gold (24 carats), with a decrease of Rs1,300 per tola and Rs1,115 per 10 grams, settling at Rs213,200 and Rs182,785, respectively.
Simultaneously, the price of gold also witnessed a decline in the international market, dropping by $4 to settle at $1,955 per ounce.
Gold rates were subjected to volatility in Pakistan recently, primarily due to ongoing political and economic uncertainties, coupled with high inflation. During such periods, people tend to invest in gold as a safe haven and a hedge against market fluctuations.
Foreign Minister Ishaq Dar arrives in Kabul for trilateral meeting
- 11 گھنٹے قبل
Gold price slides for 2nd day in a row
- 10 گھنٹے قبل
Pakistan, Azerbaijan explore new avenues of economic and trade cooperation
- 8 گھنٹے قبل
YouTuber Ducky Bhai’s physical remand extended by 4 days
- 11 گھنٹے قبل
Teenage Engineering did it again
- 12 گھنٹے قبل
Results of 9th grade announced across Punjab
- 10 گھنٹے قبل
Meta launches AI translation tools for Facebook and Instagram users
- 10 گھنٹے قبل
Air Canada strike ends as tentative deal reached with flight attendants
- 10 گھنٹے قبل
Senate Chairman inaugurates water treatment plant in Hattar
- 8 گھنٹے قبل
Pakistani Embassy hosts mango tasting event in Ankara to promote exports
- 8 گھنٹے قبل
ECP announces schedule for by-elections
- 9 گھنٹے قبل
Roblox is locking down sexual content and access to ‘adult’ locations after lawsuits
- 12 گھنٹے قبل
