The latest reports say that the price of 10 grams of 24-karat gold has also decreased by Rs1543, now being sold at Rs185,871.


Lahore: The local gold market witnessed a significant decline on Saturday, with the per tola price of 24-karat gold dropping by Rs1800 to Rs.216,800.
The price of 10 grams of 24-karat gold also decreased by Rs1543, now being sold at Rs185,871.
Simultaneously, the international gold market reported a $15 decrease, bringing the price down to $2,040, according to the Association.
Earlier in the week, gold prices reached a 10-day high following a slip in the U.S. dollar and Treasury yields, prompted by the Federal Reserve signaling the conclusion of its monetary policy tightening cycle.
At 3:17 p.m. ET (2017 GMT), spot gold saw a 0.4% rise to $2,034.31 per ounce, and U.S. gold futures settled 2.4% higher at $2,044.90.
Besides it, spot silver experienced a 1.6% increase to $24.13 per ounce, while platinum surged 2.6%, reaching its highest point since September at $958.51.
Palladium exhibited remarkable growth, surging 11% to $1,102.44, marking its most significant session gain since March 2020 after experiencing a five-year low earlier this month.

Field Marshal, PM leave for important visit to Bannu
- 3 hours ago

The Ferrari Testarossa returns as a plug-in hyrbid with 1035hp
- 4 hours ago

Gold prices decline in Pakistan today
- 2 hours ago
Judiciary is facing challenges in journey to deliver justice: CJP Afridi
- an hour ago
President expresses Pakistan’s full support for China’s vision of civilisation exchange, mutual learning
- 10 minutes ago
Blasphemy case: Engr Muhammad Ali Mirza remanded in NCCIA custody for seven days
- 2 hours ago

World Athletics Championships begin in Tokyo
- 2 hours ago

Indian soldiers protest over lack of allowances
- 3 hours ago

U.S. loss to South Korea another misstep with World Cup prep time running out
- 34 minutes ago

35 Khawarij killed, 12 soldiers martyred in KP IBO
- 3 hours ago

How platforms are responding to the Charlie Kirk shooting
- 4 hours ago
Wasim Akram tells Pakistan, India to forget noise and ‘enjoy’ Asia Cup clash
- 2 hours ago