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.
Pakistan wins Asian Youth Girls Netball Championship
- an hour ago
Russia becomes first country to recognize current Afghan Taliban govt
- 3 hours ago
What Diddy’s mixed verdict means — for him and for us
- 4 hours ago
Why is everyone crashing out?
- 4 hours ago
Shubman Gill’s record-breaking double century against England
- 3 hours ago
President Trump calls himself ‘best candidate’ for Nobel Peace Prize
- 3 hours ago
Official holidays for Ashura announced
- 3 hours ago
Heavy rains expected across country from July 6-10
- an hour ago
30 Indian-sponsored Khawarij killed trying to infiltrate from Pak-Afghan border
- an hour ago
California just showed that a better Democratic Party is possible
- 4 hours ago
UFC 317 live analysis and results: Ilia Topuria vs. Charles Oliveira
- 5 hours ago
Sources: Dubs tender qualifying offer to Kuminga
- 5 hours ago
