Gold price slashes by Rs1,100 per tola

KARACHI (Dunya News) – Gold prices took another dip on Tuesday as both global and local markets saw a downward trend.

In the international bullion market, the price of gold per ounce slipped by $11, landing at $3,339. This slide in global rates once again dragged local prices down.

In Pakistan’s local bullion market, the price of 24-karat gold per tola dropped by Rs1,100, settling at Rs356,600. Likewise, the price of 10 grams of gold went down by Rs943, closing at Rs305,727.

Read also: Gold prices in Pakistan takes another dip

On the flip side, silver prices stood their ground. The rate of silver per tola remained unchanged at Rs4,031, while 10 grams of silver also held steady at Rs3,455.

Market watchers say the tide may continue to turn if global pressure keeps weighing on bullion rates.

 


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