Business

Gold Prices Fall by Rs2,400 Per Tola in Pakistan

Published by
Abdul khalique

KARACHI: Gold prices witnessed a decline in both local and international markets on Monday, with the price of the precious metal falling by Rs2,400 per tola in Pakistan.

According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold per tola decreased by Rs2,400 to Rs437,436.

Similarly, the price of 10 grams of gold dropped by Rs2,058, bringing it down to Rs375,030.

The decline in local bullion prices followed a downward trend in the international market, where gold prices fell by $24 per ounce to $4,150.

Bullion dealers attributed the decrease in domestic prices to fluctuations in global gold rates, which continue to influence the local market.

Abdul khalique

Recent Posts

Amjad Hussain sworn in as Gilgit-Baltistan Chief Minister

GILGIT: Newly elected Chief Minister of Gilgit-Baltistan, Amjad Hussain Advocate, has taken the oath of…

1 hour ago

Brazilian footballer Neymar Jr. announces retirement after defeat to Norway

In a match played in New Jersey, Norway defeated five-time world champion Brazil 1-2 to…

2 hours ago

Invest Pak Portal Launched: Investments possible from Rs 5,000 through JazzCash App

ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb inaugurated the Invest Pak Portal, investments can be made…

2 hours ago

PMD forecasts hot and humid weather across country

ISLAMABAD: The Meteorological Department has predicted hot and humid weather in most parts of the…

3 hours ago

Electric buses are being brought to rural areas: Maryam Nawaz

LAHORE: In her message on the occasion of World Rural Development Day, Maryam Nawaz paid…

3 hours ago

PCB restricts foreign league participation

LAHORE: The decision of the Pakistan Cricket Board (PCB) has made the chances of national…

3 hours ago