Gold prices in Pakistan have seen a big drop in the last few days, causing many people to watch the market closely. Over the past four days, the price of gold has fallen by Rs. 8,600 per tola, which is a big decrease for gold buyers and sellers.
On Monday, the cost of 24-karat gold went down by another Rs. 100 compared to Sunday’s rate. Now, one tola of 24-karat gold is priced at Rs. 356,300. Along with this, the price of 10 grams of 24-karat gold has also dropped by Rs. 85, bringing it to Rs. 305,470.
For those who buy 22-karat gold, the rate has come down too. The price of 10 grams of 22-karat gold is now Rs. 280,014. This shows that gold prices are falling for different purities, not just one type.
In contrast, silver prices have stayed the same. Both in Pakistan and globally, there has been no change in silver rates, which is good news for people who invest in silver.
On the international market, gold prices have slightly decreased as well. The global gold rate dropped by $1, making it $3,336 per ounce now.
Experts say this steady decline shows that the gold market is going through changes. Many people are now waiting to see if the prices will keep going down or start to rise again soon. For now, gold buyers are keeping an eye on daily price updates.
