Karachi: Gold prices have seen a significant decline across the country, which is a significant development for jewellery buyers and investors. According to the data released by the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola has decreased by Rs 2,300, after which its new price has been set at Rs 342,200.
Similarly, the price of 10 grammes of gold has also been recorded a decrease of Rs 1,972, after which its new price has been Rs 293,381. This fall in the price of gold can also have an impact on the wedding season and investment trends across the country, as gold is considered a safe capital.
Gold prices are also falling in the international market. In the international market, gold fell by $23 to $3,240 per ounce, which also affected the domestic market. According to experts, the value of the dollar, global political conditions and economic uncertainty have a direct impact on gold prices.
This recent fall in gold prices can be of some relief to the general public, especially those who want to invest in gold or plan to buy jewellery for a wedding.
