Gold Price in Pakistan Declines After Massive Increase Earlier
In Pakistan, the price of gold fell by more than 5,000 rupees per tola on Thursday after rising by 13,200 rupees during the previous three days.
The price of gold (24 carats) reduced by Rs. 5,300 per tola to Rs. 221,100, according to data provided by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), while the price of 10 grammes dropped by Rs. 4,544 to close at Rs. 189,558.
Read More: Gold Rate in Pakistan Today – 19 July 2023
Prior to rising by an additional Rs. 6,200 per tola on Tuesday, the price of gold climbed by Rs. 1,600 per tola on Monday. The price of gold increased by Rs. 5,400 per tola on Wednesday, bringing the three-day total increase to Rs. 13,200 per tola.
By 1058 GMT, spot gold had risen 0.2 percent to $1,980.59 per ounce on the global market, while US gold futures had risen 0.2 percent to $1,984.10 per ounce.
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