Summary: Gold prices in Pakistan have recorded a big decline today after a rise yesterday. Gold per tola fell by Rs 1,500 to Rs 430,836, while the price of 10 grams of gold fell by Rs 1,286. In the global market, gold also fell by $15 to $4,083 per ounce. On the other hand, the price of silver in Pakistan remained stable and remained at Rs 5,723 per tola.
KARACHI: Gold prices declined in Pakistan on Tuesday, November 10, following a rise in the previous trading session. The price of 24-karat gold fell by Rs 1,500 per tola to Rs 430,836, according to the All Pakistan Sarafa Gems and Jewellers Association (APGJSA).
The price of 24-karat gold also decreased by Rs 1,286 per 10 grams to Rs 369,372. Meanwhile, 22-karat gold was priced at Rs 338,603 per 10 grams.
The decline came a day after gold prices increased by Rs 3,200 per tola in the domestic market, reflecting continued fluctuations in international bullion prices.
In the international market, gold prices dropped by $15 per ounce to $4,083. The movement in global gold prices, along with currency exchange rates, continues to influence local bullion market trends.
Meanwhile, silver prices remained unchanged in Pakistan. The price of silver stood at Rs 5,723 per tola, while 10 grams were priced at Rs4,906.
International silver prices also remained stable at $52.45 per ounce, according to the association.
The latest figures indicate a decline in gold prices while silver maintained its previous level. Local bullion rates may continue to fluctuate in response to international market movements and changes in the rupee-dollar exchange rate.
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