On the concluding day of the trading week, Saturday, witnessed a notable decrease in gold prices across Pakistan, mirroring a downtrend observed in the global market.
The Sarafa Association reported a considerable reduction in gold rates, with a decrease of Rs1,200 per tola, bringing the price down to Rs214,300 within the country.
Furthermore, the cost for 10 grams of gold also saw a decrease, dropping by Rs1,028 to settle at Rs183,728.
Globally, the gold market also reflected a downward movement, with the price falling by $8 to finalize at $2,025 per ounce.
Comparatively, on the previous day, Friday, the gold prices remained stable with per tola gold price holding at Rs215,500 and the 10-gram gold rate at Rs184,756.
Keeping Up with Gold Rate Fluctuations
This significant shift in gold prices highlights the dynamic nature of both local and international precious metals markets. For those keeping a keen eye on gold investments or purchases, staying updated with the latest rates is crucial for making informed decisions.