Price of Gold in Pakistan Registers Minor Drop Once Again
Tuesday’s closing price for gold in Pakistan was Rs. 221,100, down for the second straight day.
The price of gold (24 carats) dropped by Rs. 600 per tola to Rs. 221,100, and the price of 10 grammes dropped by Rs. 514 to close at Rs. 189,558. These figures are from the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA).
Since the price of gold dropped by Rs. 1,100 per tola on Monday, the two-day decline now stands at Rs. 1,700 per tola.
The price of gold has been rather stable since the beginning of the previous week. The cost of gold per tola has decreased by Rs. 1,900 during the previous week.
At 1103 GMT, spot gold fell 0.3 percent to $1,930.39 per ounce on the global market, while US gold futures fell 0.3 percent to $1,965.00.
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