ISLAMABAD: Gold prices in Pakistan have increased by Rs 3,400 per tola to reach Rs 469,562.
| Metal | Unit | Latest Price | Change |
|---|---|---|---|
| Gold | Per Tola | Rs 469,562 | 3400 |
| Gold | 10 Grams | Rs 422,573 | 2,915 |
| Silver | Per Tola | 7,756 | 106 |
The decline was equally evident in 10-gram gold rates, which dropped by Rs4,030 to close at Rs390,570, according to figures released by Sarafa Association.
| Gold Rate | 22K | 21K | 18K |
|---|---|---|---|
| Per Tola | 466,762 | 407,750 | 349,500 |
| Per 1 Gram | 36,623.58 | 34,958.88 | 29,964.75 |
| Per 10 Gram | 366,235.83 | 349,588.75 | 299,647.50 |
| Per Ounce | 1,038,015 | 990,832.50 | 849,285 |
This sudden drop comes just a day after gold had staged a strong rally, when prices jumped by Rs5,700 per tola to reach Rs460,262, highlighting intense volatility in the precious metals market.
Globally, gold prices also faced pressure, falling by $47 to trade at $4,332 per ounce, inclusive of a $20 premium.
Silver was not spared either, as its price declined by Rs106, bringing the rate down to Rs7,756 per tola in the domestic market.
ISLAMABAD: The highly controversial Indian movie named 'Satluj' has been the talk of the town…
ISLAMABAD: In view of the increasing tension in the region and the fears of closure…
ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…
KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…
ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…