Karachi: The price of gold has decreased by Rs 2,400 per tola in the country. According to the All Pakistan Gems and Jewellers Association, after this reduction, the price of gold per tola in the country has gone up to Rs 36,300. Similarly, the price of 10 grams of gold has also seen a decrease of Rs 2,058, after which the price of 10 grams of gold has gone up to Rs 262,602.
According to the association, this fall in gold prices is a reflection of the fall in gold prices in the global market. In the international market, the price of gold has decreased by $24 to $2,916 per ounce, which directly affects the price of gold in the local market. This decrease in gold prices is good news for investors and consumers, as it has increased the opportunities to buy gold. However, experts say that gold prices depend on the global economic situation, currency prices, and the demand-supply ratio, so they can continue to fluctuate.
