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Tuesday, December 24, 2024

Home Gold Rate Gold rates fall by Rs600 in Pakistan amid drop in international market

Gold rates fall by Rs600 in Pakistan amid drop in international market

by Web Desk (Lahore)
October 1, 2024
in Gold Rate

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ISLAMABAD – Gold rates in Pakistan moved down by Rs600 on Tuesday amid negative trend in the international market.

Data shared by Sarafa market shows price for 10 grams of gold decreased by Rs515, and the new rate stands around Rs235,682.

Gold Rates in Pakistan Today

Gold Rate	Price	Difference
Gold per tola	Rs274,900	-Rs600
Gold 10 grams	Rs235,682	-Rs515
Monday Rate	Rs275,500	-Rs500
Global Rate	$2,647 per ounce	-$6

On Tuesday, the gold rate was reported at $2,647 per ounce, marking $6 decrease for day. In contrast, silver prices remained stable at Rs3,050 per tola.

Gold prices peaked at record Rs277,000 per tola in Pakistan. The recent fluctuations in yellow metal prices various global factors, including rising geopolitical tensions in the Middle East, cuts in Federal Reserve interest rates, and increasing demand from major markets like China and India.