The price of gold has fallen by more than Rs23,000 a tola in only a few days. That’s a fairly big drop, don’t you think? However, let’s focus on Thursday. Gold prices in Pakistan decreased by Rs5,800 on this day, bringing the new price for a tola to Rs2,16,500.
The cost of 10-gram measures of 24-karat gold decreased by Rs4,972 to Rs185,614 for individuals who desire them.
World Trend
Not only in Pakistan; gold prices throughout the world have fallen as well. To close at $1,921, the international price per ounce fell by $5. As a result, it is a worldwide trend.
Silver Price Drops with it
There have been changes to other precious metals than gold. The local market price of silver has decreased by Rs50 per tola and is currently Rs2,650 per tola.
Gold Prices in Pakistan
| City | Gold Rates (Per Tola) | Silver Rates (Per Tola) |
|---|---|---|
| Karachi | PKR 222,400 | PKR 2,465 |
| Lahore | PKR 222,400 | PKR 2,465 |
| Islamabad | PKR 222,400 | PKR 2,465 |
| Peshawar | PKR 222,400 | PKR 2,465 |
| Quetta | PKR 222,400 | PKR 2,465 |
| Sialkot | PKR 222,400 | PKR 2,465 |
| Hyderabad | PKR 222,400 | PKR 2,465 |
| Faisalabad | PKR 222,400 | PKR 2,465 |
And for different types of gold:
| Gold Rates | Gold 24K Today | Gold 22K Today |
|---|---|---|
| Per Tola Gold | PKR 222,400 | PKR 203,865 |
| Per 10Gram Gold | PKR 190,680 | PKR 174,789 |
| Per Gram Gold | PKR 19,068 | PKR 17,479 |