Gold Rates

Global gold sees record single-day decline

Published by
Abdul khalique

ISLAMABAD: The trend of decline in gold and silver prices in the global market continues.

Globally, gold and silver prices have fallen further, with a major decline of 12 percent in the price of gold.

The price of gold per ounce has reached $4,850, while the price of silver has fallen by 30 percent, after which the price of silver has fallen to $83 per ounce.

Yesterday, the price of gold per ounce globally fell by $355, after which the price reached Rs5,150, and today the price of gold has also fallen by $300.

Given the trend of declining prices globally, there is a possibility of a major decline in gold prices in Pakistan today as well.

Yesterday, the price of gold per tola in Pakistan fell by Rs35,500, while the price of silver per tola fell by Rs1,106, bringing the price to 11,069.

Abdul khalique

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