KARACHI: Amid the decline in the price of gold per ounce in the international bullion market by $09 to $3,326, gold prices also decreased in the local bullion markets on Thursday.
The price of 24-carat gold per tola at the local level decreased by Rs. 900 to Rs. 355,100.
In addition, the price of gold per ten grams also decreased by Rs. 771 to Rs. 354,441.
Similarly, the price of silver per tola decreased by Rs. 50 to Rs. 3,964, and the price of ten grams of silver also decreased by Rs. 43 to Rs. 3,398.
Earlier, Gold prices in Pakistan witnessed another drop in the local market, offering some relief to potential buyers amid ongoing market fluctuations.
Latest data shows price of 24-karat gold per tola dropped by Rs. 3,000, bringing the new rate to Rs. 356,000, while price of 10 grams of 24-karat gold declined by Rs. 2,572, now standing at Rs. 305,212.
Despite the drop in gold prices, silver prices remained steady. The price of silver per tola stood firm at Rs. 4,014, while the rate for 10 grams of silver remained unchanged at Rs. 3,441.
On the global front, gold prices also recorded a downward trend. The international bullion market reported a $30 decrease in the price of gold per ounce, bringing it to $3,335.
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