Gold prices in Pakistan saw a decline on Tuesday, with 24-karat gold being sold at Rs241,500 per tola, marking a Rs500 drop from the previous rate. This decrease reflects a broader trend influenced by reduced purchasing power, leading to the price being set Rs1,500 below its actual cost. A day earlier!
The Karachi Sarafa Association reported that the price of 24-karat gold per 10 grams fell by Rs429, bringing it to Rs207,047. Similarly, 22-karat gold experienced a reduction, priced at Rs189,793 per 10 grams.
Meanwhile, silver prices remained stable in the domestic market. The price of 24-karat silver held steady at Rs2,850 per tola and Rs2,443 per 10 grams.
On the global front, spot gold traded near $2,323 an ounce, reflecting a decrease of $7.2 or 0.31% from the previous rate.
