KARACHI – Gold prices witnessed another drop in both local and international markets, but the price remains near all all-time high.
On Friday, the single tola of gold rate dropped by Rs2,300 to Rs356,700 while price of 10 grams also saw notable decrease of Rs1,972, now priced at Rs. 305,812.
Gold Rates in Pakistan Today
Gold Quantity | New Price | Price Change |
1 Tola | Rs. 356,700 | -Rs. 2,300 |
10 Grams | Rs. 305,812 | -Rs. 1,972 |
Gold Price This Week
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23 July: Rs. 364,900
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22 July: Rs. 361,200
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21 July: Rs. 361,200
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18 July: Rs. 357,600
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17 July: Rs. 355,100
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16 July: Rs. 356,000
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15 July: Rs. 359,000
Globally, gold prices dipped by $23 per ounce, currently standing at $3,340 per ounce. Silver followed a similar trajectory, with one tola losing Rs. 34 in value, settling at Rs. 4,023.
Market analysts attribute the decline to shifting global demand and cautious investor behavior amid persistent economic uncertainty.
Gold Kicks Off Week with Big Jump in Pakistan; Check New Rates