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Gold prices move down in Pakistan amid negative global cues

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KARACHI – Gold witnessed losses in Pakistan on Thursday in line with the downward trend in the international market.

Gold rates moved down after moving up in back-to-back sessions this week.

Data shared by sarafa association shows that the price of yellow metal moved down by Rs500 and settled at Rs218,000 per tola on Thursday.

For 10 grams, the rates saw a drop, and the new rate reached around Rs186,900.

The new price of 21 karat rate per tola is Rs189,965 and the 18k gold rate stands at Rs162,825 for a single tola.

Globally, the prices moved down by $5 to reach $2,055 per ounce.

Gold in Pakistan remained volatile in the country amid political, and economic uncertainty.

Gold rate in Pakistan today – 2 December, 2023

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