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.
Colón out as CEO of U.S. Center for SafeSport
- 2 hours ago
MAGA glam isn’t about beauty — it’s about politics
- 32 minutes ago
Pakistan-Bangladesh T20 series dates and venues confirmed
- 10 hours ago
Petrol truck explosion in Nushki injures 50
- 12 hours ago
Anti-Pakistan propaganda film 'Ground Zero’ fails to spark at box office
- 11 hours ago
NEOC confirms polio virus in 22 environmental samples throughout country
- 12 hours ago
Dollar surpasses Rs281 as demand and global trends fuel its rise
- 13 hours ago
Clashes erupt as police crackdown on grand health alliance protest in Lahore
- 10 hours ago
CCI rejects federal govt’s new canal plan
- 9 hours ago
Welcome to the world of triple-digit spring weather
- 32 minutes ago
Putin announces ‘humanitarian ceasefire’ in Ukraine
- 11 hours ago
Blaming anyone minutes after Pahalgam attack is inappropriate: Former US diplomat
- 12 hours ago
