Gold Prices in Pakistan Dropped by Rs. 6,800 in the Past Week – Latest Update

In today’s market update, we bring you the latest developments in the world of gold prices in Pakistan. As of Friday, September 8, 2023, the Gold Rate in Pakistan stands at Rs. 216,500 for 24K gold per tola, with 22K gold priced at Rs. 170,146 per 10 grams. Meanwhile, 21K gold is valued at Rs. 189,487 per tola, and 18K gold is available at Rs. 139,211 per 10 grams, as per the data provided by the Sarafa Jewelers Association and the International Gold Market.

GOLD PURITYRATE
Gold 24K per 10 GramsRs. 185,614
Gold 24K per TolaRs. 216,500
Gold 22K per 10 GramsRs. 170,146
Gold 22K per TolaRs. 198,458

However, what’s more intriguing is the trend in gold prices over the past ten days, which shows a notable decrease in rates. Over the last week, gold prices have decreased by a significant Rs. 6,800.

Gold Rate In Pakistan For Last 10 Days

DATEGOLD 24K PER TOLAGOLD 22K PER 10 GRAM
Sep 08, 23Rs. 216500Rs. 170146
Sep 07, 23Rs. 222300Rs. 203775
Sep 06, 23Rs. 231800Rs. 182170
Sep 05, 23Rs. 237300Rs. 186493
Sep 04, 23Rs. 242600Rs. 190658
Sep 03, 23Rs. 242600Rs. 190658
Sep 02, 23Rs. 242000Rs. 190186
Sep 01, 23Rs. 241500Rs. 189793
Aug 31, 23Rs. 237700Rs. 186807
Aug 30, 23Rs. 237100Rs. 183506

The decline in gold prices over the past week, amounting to Rs. 6,800, has caught the attention of investors and consumers alike. Analysts attribute this decrease to various factors, including global economic conditions, fluctuations in the international gold market, and changes in demand and supply dynamics.

Investors and consumers are closely monitoring these fluctuations, as they may impact their investment decisions and jewelry purchases. As gold prices continue to show volatility, market participants are advised to stay informed about the latest developments to make well-informed decisions.

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    Rida Shahid
    Rida Shahidhttps://hamariweb.com/
    Rida Shahid is a content writer with expertise in publishing news articles with strong academic background in Political Science. She is imaginative, diligent, and well-versed in research techniques. Her essay displays her analytical style quite well. She is currently employed as English content writer at hamariweb.com.

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