KARACHI – The price of gold has come down by Rs1300 per tola to Rs277,500 in Pakistan amid negative global trends on Monday.
Data shared by the Sarafa Association shows prices of gold witnessed a drop in both international and local markets on first day of the week, showing tweaks in global trends.
Gold Rates Today
In Pakistan, the price of 24-carat gold per tola plunged by Rs1300 to settle at Rs277,500. The price of gold per 10 grams slashed by Rs1115, bringing it to Rs237,911.
Despite the drop in gold prices, silver remained stable in local markets. The price of silver per tola held steady at 3300 rupees, while the price for 10 grams of silver remained unchanged at 2829.21.
Commodity | Prices |
---|---|
Gold (24-carat) | Rs 277,500 per tola |
Gold (10 grams) | Rs 237,911 per 10 grams |
Silver (per tola) | Rs 3300 per tola |
Silver (10 grams) | Rs 2829.21 per 10 grams |
In international market, the price of gold per ounce comes down by $13 dollars, bringing it down to USD2670. This reduction marks a notable decline in the global gold market.
The dip in gold prices is being closely monitored by both traders and investors, as fluctuations in precious metal markets can be an indicator of broader economic trends.