Summary The price of gold per ounce dropped by $52, bringing it down to $4,714 per ounce.
KARACHI (Dunya News) - Gold prices in Pakistan have recorded a significant decline for the fourth consecutive day, following a downturn in the global bullion market.
In the international market, the price of gold per ounce dropped by $52, bringing it down to $4,714 per ounce. The decrease has directly impacted local bullion markets.
At the domestic level, the price of 24-karat gold per tola fell by Rs5,200, reaching Rs493,762. Similarly, the price of 10 grams of gold decreased by Rs4,458, settling at Rs423,321.
Silver prices also witnessed a decline. The price per tola of silver dropped by Rs225 to Rs8,099, while the price of 10 grams of silver fell by Rs193 to Rs6,943.
Market analysts attribute the continued downward trend to fluctuations in the global bullion market, which are influencing local pricing trends.
