Gold prices in Pakistan saw another decline today as the rate of 24-karat gold per tola dropped by Rs 1,600 in local bullion markets. The new gold rate per tola stands at Rs 354,700.
As per the market rates the rate of 24-karat gold has slumped by Rs 1,372 as 10 grams of 24-karat gold is being sold at a rate of Rs 304,098. The ever falling local gold prices is associated with the decrease in international gold rates.
In the global market, gold declined by $16, bringing the international gold price to $3,320 per ounce. The dip in international gold rates directly impacted local pricing trends.