Gold Prices Drop Sharply in Pakistan, Decline Seen in Global Market

Gold prices in Pakistan have witnessed a significant decline, reflecting a downward trend in both local and international markets.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola decreased by Rs 3,800, bringing it down to Rs 479,962.

Similarly, the price of 10 grams of gold dropped by Rs 3,257, reaching Rs 411,490.

In the international market, gold prices also fell by 38 dollars, settling at 4,576 dollars per ounce.

Experts believe that fluctuations in the global market and local demand trends are contributing to the ongoing volatility in gold prices.