Gold Prices Drop by Rs. 500 Per Tola in PakistanIn a significant development, the price of gold in Pakistan has decreased by Rs. 500 per tola, bringing the new rate to Rs. 250,500 per tola. This information was provided by the All Pakistan Gems and Jewellers Association, which monitors and reports on the fluctuations in gold prices. The reduction in gold prices has been well-received by investors and consumers alike, offering some relief amidst the fluctuating economic conditions.
Similarly, the price of 10 grams of gold has also seen a reduction, falling by Rs. 429 to the new price of Rs. 214,763. On the international front, the price of gold has decreased by $11, now standing at $2,371 per ounce. This drop in global prices has influenced the local market, contributing to the reduction in gold rates within the country.
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