KARACHI – Gold prices saw decline across Pakistan on Thursday, with per tola rates moving down by Rs1900 per tola.
Data shared by Saraffa Association shows price of 24-karat gold per tola fell by Rs. 1,900, now standing at Rs. 347,500. Similarly, the rate for 10 grams of gold dropped by Rs. 1,629, settling at Rs. 297,925.
Today Gold Rates
| Gold Type | Price Drop | New Price |
|---|---|---|
| Gold (1 Tola) | Rs. 1,900 ↓ | Rs. 347,500 |
| Gold (10g) | Rs. 1,629 ↓ | Rs. 297,925 |
Gold Rates in Pakistan This Week
| Dates | Rates |
| 20-May | Rs342,800 |
| 19-May | Rs342,500 |
| 17-May | Rs338,500 |
| 16-May | Rs336,100 |
| 15-May | Rs335,200 |
| 14-May | Rs341,900 |
| 13-May | Rs344,200 |
The decline is not limited to the local market. In the international market, gold prices dropped by $19, with the price per ounce now at $3,291.
Analysts attribute the drop to a combination of factors including strengthening of the U.S. dollar, easing geopolitical tensions, and shifts in investor sentiment.
Gold traders expect further fluctuations in the coming days, advising investors to monitor both local and global trends closely.
